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Crypto Market Update: XRP Chart Signals 2017-Style Fractal as Key Support Faces Test

Weekly XRP Structure Shows Long-Term Breakout With Clear Upside Zones

Written By : Yusuf Islam
Reviewed By : Sankha Ghosh

The weekly XRP/USD chart shows a long-term structure that mirrors the 2017 market cycle as XRP trades within a broad uptrend. The chart tracks price action from early history through a recent breakout, with projections extending into 2026. The setup places current price behavior within a larger expansion phase as long as major breakout levels remain intact. The analysis shared by Cryptobilbuwoo frames the move as part of a repeating fractal seen in prior cycles—could history repeat itself again?

Long-Term Structure Mirrors the 2017 Cycle

XRP trades inside a long-standing ascending channel defined by rising diagonal trendlines across multiple years. Between 2014 and 2017, the price consolidated below the 0.786 Fibonacci retracement before a decisive breakout. That breakout triggered a vertical rally toward the prior cycle peak.

The chart marks this historical breakout as a structural pivot that initiated exponential price expansion. During that period, price respected the channel structure while momentum accelerated rapidly. The move set the foundation for Fibonacci-based extensions later used for cycle projections.

The current structure shows a similar buildup. XRP recently broke above a multi-year range near the 0.786 retracement around $0.65 to $0.75. Price then surged in an impulsive move that closely resembles the 2017 breakout behavior.

Fibonacci Targets and Momentum Signals

Following the breakout, the price advanced into higher Fibonacci extension zones. The chart identifies the 1.618 extension near $26.6 as a primary upside reference. A higher 2.382 extension appears near $349 as a later cycle objective.

Several horizontal levels mark historical resistance and structural checkpoints. These include zones around $3.30, $6.15, and $10, which align with prior reaction areas. The chart also maps projected regions near $33 and $50, with notes suggesting rapid price expansion once momentum strengthens.

Momentum analysis uses the Relative Strength Index on the lower panel. The RSI shows recurring divergence patterns across cycles. Current RSI levels recently bounced near the 37 support band, a zone previously linked to trend continuation rather than reversal.

Short-Term Scenarios From Range Behavior

Alongside the long-term view, a shorter-term structure adds context to near-term risk. According to market analyst CrediBULL, XRP completed a “triple-tap” formation that pushed price toward the upper end of its recent range. The pattern introduces two defined paths.

In the first scenario, the recent rise acts as a relief bounce that absorbs liquidity near range highs. Under this outcome, price resumes the local downtrend within the higher-timeframe uptrend. A move back below the $1.77 level would confirm this path.

The second scenario treats the formation as a base of structural demand. In that case, pullbacks attract buyers while $1.77 holds as defended support. Price would then continue expanding higher from that base, maintaining alignment with the broader uptrend.

Read More: Why This Viral Coin Reminds Investors of Ripple (XRP) Below $0.05

The Road Ahead

The XRP price chart shows a weekly breakout that mirrors the 2017 cycle structure. Fibonacci levels and RSI behavior outline clear upside zones and defined risk areas. With $1.77 acting as a key pivot, market participants continue to track whether support holds or short-term volatility returns.

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