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XRP is trading near a critical inflection point, as weekly charts show a price structure that closely mirrors its 2017 breakout, according to analyst Steph Is Crypto. The setup compares the 2025 market structure with the 2017 cycle, when XRP moved from extended consolidation into a sharp vertical rally.
Current price action shows XRP compressing above a rising support line near $2.03, a level that previously preceded one of the largest percentage moves in crypto markets. With volatility tightening and resistance repeatedly tested, the token now approaches a decisive phase.
Weekly charts covering the 2014 to 2017 period show XRP trading sideways beneath descending resistance. During that phase, the price formed a tight consolidation range marked in red on the chart.
Throughout the consolidation, XRP maintained support above a rising diagonal trendline. That structure produced higher lows and limited downside volatility.
Once resistance failed, XRP surged from below $0.01 into the multi-dollar range within weeks. The chart’s green vertical zone illustrates the speed of that move and the limited warning before expansion.
The 2020 to 2025 chart on Bitstamp shows XRP following a similar structural path. Price again holds above a rising support line while consolidating inside a red-circled range.
XRP currently trades around $2.03 and continues to post higher lows. Volatility has narrowed as the price repeatedly tests resistance near $2.00.
The slope of the current support line closely matches the 2017 structure. This alignment suggests continued compression rather than directional exhaustion.
The chart projection extends into 2026 and 2027. While no explicit targets appear, historical reference levels on the vertical scale exceed $6 and extend into double-digit territory.
According to CoinDesk, XRP price action remains disconnected from improving macro signals across crypto markets. The Federal Reserve cut rates by 25 basis points to a 3.5%–3.75% range, marking its third cut this year.
The move broadly supported risk assets, yet internal dissent within the Fed signaled persistent inflation concerns. As a result, upside momentum across speculative assets remained limited.
At the same time, XRP benefits from the expansion of institutional infrastructure. U.S. spot XRP ETFs have recorded steady inflows in recent sessions. Custody services, DeFi activity, and cross-chain integrations continue to expand.
Despite these developments, the price remains range-bound. Repeated rejections near $2.00 with rising volume indicate ongoing supply. Sustained acceptance above $2.01 may open a move toward $2.15–$2.20. A failure to hold $1.97 may expose support near $1.90–$1.92.
With structural compression building and long-term support strengthening beneath price, XRP now approaches a decision zone that closely resembles its 2017 setup.
Also Read: Why XRP Declined Despite Strong ETF Inflows? Key Reason Explained
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