A recent market analysis by STEPH IS CRYPTO has sparked excitement among XRP investors after drawing striking parallels between Ethereum’s explosive rally in 2017 and XRP’s current price structure.
According to Steph, XRP’s chart pattern is mirroring Ethereum’s setup just before a 20x rally, suggesting the cryptocurrency could be positioned for a potential 2,000% price surge.
Chart Comparison: Ethereum vs. XRP
In the side-by-side charts shared on X, Ethereum’s 2016–2018 price action shows a prolonged consolidation phase within a rectangular range, followed by a decisive breakout that led to its historic run from under $15 to over $1,400.
Steph points out that XRP’s 2024–2026 chart is exhibiting a nearly identical formation, with price consolidating between roughly $1.70 and $3.60 before recently breaking above the upper boundary.
#XRP IS NOW WHERE ETH WAS IN 2017
RIGHT BEFORE A 20X EXPLOSION! 👇 pic.twitter.com/vePViclR2O
— STEPH IS CRYPTO (@Steph_iscrypto) August 11, 2025
The “breakout point” highlighted in the chart signals a potential shift from accumulation to expansion, a phase where prices historically accelerate as market participants pile in. If XRP follows Ethereum’s trajectory from 2017, the resulting move could be parabolic.
Current Price Action and Market Context
As of report time, XRP is trading at $3.17, maintaining a strong position among the top cryptocurrencies by market capitalization. Trading volumes remain in the multi-billion-dollar range daily, reflecting deep liquidity and sustained investor interest.
However, technical resistance remains at the $3.40–$3.60 zone, a region that could act as a short-term hurdle before any extended rally. Breaking through this level with strong volume could confirm the bullish continuation pattern Steph’s analysis suggests.
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Fundamental Tailwinds
A significant catalyst behind the renewed optimism for XRP is the resolution of its long-running legal battle with the U.S. Securities and Exchange Commission (SEC). In late June 2025, Ripple announced it would drop its counter-appeal, and the SEC is widely expected to follow suit, effectively removing a major regulatory cloud that has hung over XRP for years.
This anticipated legal clarity is likely to enhance institutional confidence in XRP, potentially attracting new inflows from funds, payment providers, and corporate treasuries seeking blockchain-based settlement solutions.
Caution and Considerations
While the Ethereum comparison offers an appealing narrative, it is not a guarantee of performance. Replicating a 20x rally would require sustained bullish momentum, increased institutional participation, favorable macroeconomic conditions, and continued adoption of XRP in cross-border payment systems. Traders and investors should remain mindful of market volatility and global regulatory developments.
Steph’s analysis presents a compelling case for XRP’s bullish potential, combining technical precision with improving fundamentals. Whether XRP can truly follow Ethereum’s 2017 path remains to be seen, but the alignment of technical breakout signals and a strengthening fundamental backdrop has put the asset firmly in the spotlight for the months ahead.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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