Market Analyst Mr. Xoom has drawn parallels between XRP’s current price structure and its behavior during the 2017 market cycle. In his tweet, he suggested that XRP is approaching the final phase of a significant upward move.
Accompanying his tweet is a chart from TradingView that compares two distinct consolidation periods in XRP’s history, offering a technical basis for a forecasted breakout.
According to the chart and commentary, XRP consolidated for 210 days before its explosive move in late 2017, a period that preceded its historic surge to all-time highs. In the current cycle, XRP has already consolidated for approximately 190 days following a sharp price rise earlier in 2025, which saw it exceed $2.00 for the first time in years.
I believe by the end of August/ start of September, XRP should have made its final move up & ended its run.
NFA but Don’t be left behind being a bag holder with just a screenshot.
Take profits. https://t.co/pXj4lU5eZJ— xoom (@Mr_Xoom) June 7, 2025
Consolidation Periods Mirror Past Cycle
Xoom notes that, if XRP continues to mirror the 2017 pattern, the next move could begin within the next 2 to 4 weeks. This would place the anticipated start of the breakout around late June to early July. He projects that the final move could peak by the end of August or the beginning of September, concluding what he believes may be XRP’s “final run up” of this cycle.
The chart highlights the consolidation zones in both 2017 and 2025 using orange boxes, with annotations indicating the duration of each phase. In 2017, the breakout that followed the 210-day consolidation led XRP to its all-time high of nearly $3.40.
The present cycle, while still unfolding, shows similar technical behavior, with price action maintaining higher lows within a tight range, a characteristic often associated with accumulation phases.
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XRP Price Behavior Supports Pattern Recognition Analysis
At the time of the chart’s publication, XRP was trading at $2.17. The chart data and Xoom’s analysis imply that, should the pattern repeat, there could be a significant upside move within weeks.
However, Xoom adds a note of caution, urging followers not to be caught holding without taking profits. “NFA but don’t be left behind being a bag holder with just a screenshot. Take profits,” he advises, using the common crypto disclaimer “Not Financial Advice.”
As of now, XRP continues to trade within a defined range, with market participants closely monitoring whether history will indeed repeat itself.
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 advised to conduct thorough 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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