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XRP's double bottom and ascending triangle mimic its 2017 breakout pattern.
Regulatory clarity and institutional interest support the bullish case for XRP.
$100 is a speculative target, but technical alignment is hard to ignore.
Similar to its 2017 bull run, XRP, the native digital asset of the Ripple network, is generating serious attention again after creating a similar chart pattern. As the larger cryptocurrency market is showing signs of renewed strength, XRP's price structure is setting up like one of its strongest historical breakouts, leaving analysts and traders alike pondering the question: Is $100 XRP possible?
The XRP 2-week chart has formed a pattern that is historically quite familiar and holds great significance as it came just before one of the asset's massive rallies.
The visual side-by-side comparison illustrates the recurrence of the same formation, which is a hybrid of a double-bottom structure and an ascending triangle. This price behavior is precisely what occurred ahead of XRP's breakout during the 2017 bull run.
In 2017, XRP underwent a prolonged accumulation phase, followed by a sharp upward move after breaking multiple resistance levels. The current price pattern has established a structure almost identical to what occurred in 2017: featuring a long-term base spanning multiple years, a flat price level around the $2 point of resistance, higher lows forming an ascending triangle, followed by a breakout and retest.
The technical pattern has analysts suggesting a historical replication is in effect, and XRP's next parabolic run may be developing
Also Read: XRP Price Prediction in July 2025
The chart uses traditional pattern measurement techniques to estimate the potential upside. The height of the previous breakout from the base of the double bottom to the resistance line is being mirrored and projected forward.
In the 2017 rally, XRP skyrocketed over 1,000%. Based on that precedent, the same technical method now suggests a potential target of $100 per XRP, assuming similar momentum and market participation.
This projection, although ambitious, is grounded in technical analysis and historical price action, providing a glimpse into what is possible if market conditions align favorably.
Although price patterns can be helpful guides, real-world catalysts are needed to sustain upward momentum. XRP's recent price strength is not just about charts; it's also about improving fundamentals and macro tailwinds:
Regulatory clarity: Ripple’s partial legal victories against the U.S. SEC have significantly reduced the uncertainty surrounding XRP's classification, thereby boosting investor confidence.
Institutional partnerships: Ripple continues to expand its global footprint by partnering with financial institutions to enable faster and cheaper cross-border payments using XRP.
Crypto market recovery: As Bitcoin nears all-time highs and Ethereum remains strong, investor appetite for high-cap altcoins, such as XRP, is increasing.
These factors collectively support the idea that XRP’s latest breakout isn’t just a false alarm; it may be part of a much larger macro move.
Also Read: XRP Ledger Heats Up: Dune Analytics Integration Unlocks Explosive Growth Insights
Despite the bullish tone, analysts caution that $100 remains a speculative long-term target, rather than a guaranteed outcome. Several risks could prevent XRP from reaching that level:
Psychological resistance exists around the $3 - $4 range, which is close to XRP’s all-time high.
Broader market volatility could drag prices down, especially if Bitcoin faces a correction or macroeconomic sentiment turns bearish.
Pattern failure remains a possibility; not all formations play out precisely as expected.
Therefore, while the technical setup is promising, investors are advised to approach such projections with a mix of optimism and realism.
XRP's recent bullish move above its multi-year resistance and confirmation of a historical pattern suggests that XRP may be on the verge of a new bullish phase. The way it has charted is similar to the 2017 setup, but more importantly, it is also identical to the surrounding environment of increased adoption and more precise regulation.
If this pattern repeats itself as it did before, XRP is in a position to reward its early investors again, and $100 may be an eventual target, although this is still far into the future. While the above scenario is speculative, it is becoming increasingly difficult not to acknowledge it, especially with the technicals now aligning with improving market conditions.
As always, investors must do their due diligence and weigh the pros and cons of chasing these sorts of parabolic moves. Nevertheless, for long-term believers in XRP and its utility, the current setup could mark the beginning of a new chapter for one of the longest-standing altcoins in the cryptocurrency space.
1. Why is $100 being projected for XRP?
The projection mirrors the 2017 chart pattern, using similar breakout metrics.
2. What chart pattern is forming on XRP?
A double bottom combined with an ascending triangle is a bullish formation.
3. Has XRP broken key resistance?
Yes, XRP has broken above multi-year resistance and successfully retested it.
4. What fundamentals support XRP’s rise?
Regulatory wins, growing institutional adoption, and a recovering crypto market.
5. Is $100 XRP guaranteed?
No, it’s a long-term speculative target and depends on both technicals and market conditions.
