XRP Echoes 2017 Bull Run: Q4 Chart Pattern Signals Potential Mega Breakout - Buying Window Opening?
History doesn't repeat but it often rhymes—XRP's current technical setup is flashing eerie similarities to its legendary 2017 bull run.
The Pattern That Launched a Thousand Gains
Quarterly charts reveal an almost identical formation building since July, mirroring the consolidation phase that preceded XRP's historic 2017 explosion. Volume profiles show accumulation patterns that veteran traders recognize from previous cycle bottoms.
Institutional Whispers Growing Louder
While retail investors chase meme coin mania, smart money positions accumulate in the shadows. The regulatory clarity achieved earlier this year removed the Sword of Damocles that hung over XRP for years—because nothing says 'investment grade' like surviving a three-year legal battle with the SEC.
The Q4 Catalyst Engine
Cross-border payment pilots going live, central bank digital currency integrations, and the traditional fourth-quarter crypto rally create a perfect storm scenario. The only thing missing? Mainstream financial media coverage—which typically arrives just in time for latecomers to buy the top.
Timing the Tidal Wave
Current levels represent what technical analysts call the 'last call' zone before potential liftoff. The 2017 parallel suggests we're in the final accumulation phase before the real move begins—because in crypto, the early bird doesn't just get the worm, it gets the whole damn ecosystem.
Q4 Move Still Possible: XRP’s Bullish Potential Isn’t Gone Yet
Crypto analyst CoinsKid recently shared an update confirming that the highly anticipated Q4 move for XRP is still a potential option. This optimistic outlook is heavily underpinned by the current data observed on the bitcoin Dominance (BTC.D) chart, which the analyst views as a crucial barometer for altcoin performance. If BTC.D shows weakness, capital typically flows into assets like XRP, supporting the potential for a significant surge in the coming months.
However, CoinsKid pointed out that the recent loss of the $1.90 low last Friday introduced what he described as a structural anomaly into the equation. This development adds a LAYER of uncertainty to XRP’s short-term outlook, even as the broader setup continues to show potential.
He further explained that for this bullish scenario to remain valid, Bitcoin dominance must stay below its 5-day resistance level on the CoinskidRibbon. At the same time, XRP needs to hold above its own 5-day CoinskidRibbon as support.
Wyckoff Blueprint In Motion: XRP Mirrors Its 2017 Setup
EᴛʜᴇʀNᴀꜱʏᴏɴᴀL, in a recent update, highlighted that XRP is currently positioned within a major accumulation area, signaling that a crucial phase may be unfolding for the asset. According to the analyst, the current market structure strongly mirrors the early stages of a Wyckoff accumulation pattern, a technical formation that often precedes large-scale bullish movements.
The Wyckoff method identifies this accumulation phase as a period where smart money quietly builds positions while the price remains range-bound. This typically occurs after extended declines, setting the stage for a powerful reversal once the market confirms strength.
From a technical perspective, this accumulation structure indicates growing pressure beneath key support zones, which often leads to a strong bullish cycle once a breakout occurs. The repeated testing of support levels, combined with diminishing selling volume, strengthens the case for a potential upside breakout in the NEAR term.
EᴛʜᴇʀNᴀꜱʏᴏɴᴀL also drew parallels to XRP’s behavior in the 2017 cycle, when a similar accumulation phase preceded one of the asset’s most explosive rallies, with XRP climbing all the way to the distribution zone, where profits were eventually taken. If history repeats, the altcoin could once again be on the verge of a powerful upward run.
