The highest value of XRP explode from $0.5 in 2024 to over $3 in 2025. In the span of a few months, the cryptocurrency, which had been under pressure, hit a record high and was only a few percent away from going back to the top. According to a crypto analyst, XRP may repeat its famous rally of 2017, which may reach a new high in the next three months.
XRP To See A Parabolic Rally In Three Months
Market expert @Cryptobilbuwoo0 has shared a bullish view on XRP, which points to a typical price structure mirroring it 2017 market cycle. According to the analyst, XRP started its strong rise near $3.60 in 2017, and then went higher. ATH is about $3.84 in 2018.
Related Reading: Standard Chartered Analysts Predict 330% XRP Price Increase After This Happens
He pointed out that in 2017, when the price broke above the dotted support line, which represented a long upward diagonal trend on the chart, XRP reached its goal of $3.6 during the week. Notably, this move yields a potential return of 1,184.86%. Based on the speed and intensity of this meeting, the analyst suggests that XRP may be ready for another sharp breakoutwho say the lives of investors could change dramatically over the next 2 to 3 months.
Notably, @Cryptobilbuwoo0’s chart analysis shows that XRP is already breaking out of a clearly defined base, holding above the same ascending diagonal support line from 2017. At the same time, the breakout occurred as the price retook the 52-week Exponential Moving Average (EMA), a level that previously marked the beginning of a strong expansion for XRP.
Fibonacci extensions on the chart also highlight the 1.618 level as an upside target, in line with the top structure of the 2017 cycle. The chart also marks the TP1 and TP2 areas, where the price stalled in 2017 before continuing higher. These shallow pullbacks were quickly bought, indicating strong trend control in the previous cycle.
Current ratings suggest they are strong and durable high pressure following the breakout of XRP above the dotted support line. At its initial target, the price is expected to converge towards TP1 at $23.2, which should increase by 1,183.38%. Beyond this level, XRP is expected to continue its rally towards TP2 around $136.3, indicating a potential milestone. Surprisingly, @Cryptobilbuwoo0’s chart suggests that all of these parabolic moves could happen before the end of 2026.
Momentum Indicators Support Bullish XRP Forecast
XRP is currently trading above $2.2, up more than 21% in the last week. Given the history of cryptocurrency slow price movements@Cryptobilbuwoo0’s prediction of a rise to $23.2 and $136.3 was met doubt within the crypto community.
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However, the analyst points to momentum indicators at the bottom of the price chart that support his bullish view. He showed that in 2017, XRPs The Relative Strength Index (RSI) has reached oversold levels just before the price goes up too much. The same pattern is seen in the current market, which reinforces his belief that the next 2 to 3 months may be parabolic.
Featured image from Freepik, chart from Tradingview.com
