• XRP is showing a repeating pattern similar to its 2017 parabolic phase.
• Current price stability near $2.5 suggests accumulation before a possible breakout.
• Sustaining above $2.30 could open the path toward $3.10 by late October.

Analyst EᴛʜᴇʀNᴀꜱʏᴏɴᴀL highlighted a fascinating comparison between XRP’s current chart and its 2017 cycle. Back then, XRP broke through the middle band of its long-term channel and went on to record a massive parabolic surge within months.

In 2025, the cryptocurrency is mirroring the same structure, once again touching the mid-band, getting rejected, and starting to accumulate around similar levels.

This repetition hints that XRP could be preparing for another large movement. Historically, such setups have preceded significant rallies once the asset completes its consolidation phase.

With XRP currently holding above the $2 mark, traders are watching closely for signs of a stronger upward shift as Q4 unfolds.

Also Read: XRP Price Alert: Chris Larsen’s $764M Sales Raise Concerns

Price Structure Shows Calm Before Potential Expansion

At press time, XRP is trading at $2.52. This registers a 5.48% increase over the past week. XRP’s price remains rangebound with steady improvements every day as it continues to trade above the strong level of $2.

Analysis of Bollinger Bands (20, SMA) indicates a level of normal volatility compression with the upper band at $3.54 and the lower band at approximately $1.99.

If XRP is able to break past the mid-band price of $2.76, a swift shift in market sentiment may be traced to the level of $3.20-$3.50, which was seen to be rejected in Q2 2025. On the other hand, breaking past $1.99 may lead to a short-term test of $1.70.

Also apparent on the Fibonacci retracement chart was strong Fib support at the 0.618 level around $2.00, a historical accumulation point. This level remains a source of buying interest for traders who continue to secretly build a position before the next move.

Indicators Point to Early Signs of Recovery for XRP

Momentum indicators give a balanced perception. On RSI(14), the value of 47.79 appears to be just a bit lower than the middle level but with a slightly bearish sentiment.

Nonetheless, previous breakouts at the 40 level indicate that this may be a point where a new rally can begin. Breaking above 55.94 can indicate a revival of buying power.

The MACD (12, 26) also paints a neutral chart. The blue line is slightly higher than the orange signal line, and while the histogram changes color to red, it doesn’t point to a strong bearish divergence.

A bullish signal may develop again in the first week of November; hence, XRP may break back into the $3+ level. Commodity volumes are steady, reflecting a quiet accumulation rather than a panic-unload situation.

Market trends indicate that confidence levels are being built at $2.3-$2.5 levels, which can serve as a springboard to aid certain cryptocurrencies.

Given this steady accumulation and repeating tech pattern, XRP appears to be at a point where a breakthrough is being formed. If it holds strong above $2.30, a breakout at $2.90-$3.10 may unfold before the end of October.

Also Read: XRP Shows Bullish Momentum Could Push Price Up To $9.90