TLDR
- XRP price increased by 1.76% in 24 hours to reach $2.10, with fluctuations observed throughout the day.
- Volume increased by 25.88%, indicating increased market interest and active trading during the day.
- XRP’s current trend shows consolidation, similar to the 2017 base formation before a breakout.
- The price follows a historical pattern, with phases of gradual growth leading to potential future gains.
- Analysts predict that XRP’s 2025 trend may mirror the +10x increase observed in 2017.
In the year 2017, the XRP price recorded a sharp rise that took it to another price level, from $0.005 to another by +10x. Currently, the XRP price is following the same trend as it sees another rally that mirrors what happened in 2017.
XRP price trends upward with 1.76% increase
Tracking the ongoing price trend at press time, CoinMarketCap data reveals that XRP price experienced intra-day fluctuations and reached $2.10 with a 24-hour increase of 1.76%. Early movements show a decline in price, followed by a steady recovery and an increase in value. During the day, the price fluctuated between $2.06 and $2.09, with noticeable ranges on the price chart indicating short-term market shifts.
As the day progressed, the XRP price showed more volatility, especially around midday when small drops were observed, followed by quick rebounds. Volume increased by 25.88%, reflecting increased market interest. This price behavior indicates active trading, with traders reacting to changing market conditions during the day.
XRP Forms Similar Base in 2025, Mirrors 2017 Surge Pattern
As XRP price is starting to form a base for a bullish move, market analysts have noted a historical pattern that once led to a surge. According to an observation by Steph is Crypto, 2017, XRP experienced a remarkable price rise after forming a clear base from late 2016 to mid-2017. The price moved in a series of steady, compact waves, marked by four key phases (1-4). The price rose gradually before a strong breakout peaked. The same pattern looks set to form in 2025, as shown in the history chart.
- Source: X
The XRP price is currently going through similar phases, with a period of consolidation (phases 1 to 3) followed by a potential breakout phase 4. The market is observing steady, controlled movements, similar to the 2017 base formation. Although still early, the ongoing pattern in 2025 mirrors the buildup seen in 2017, indicating possible future growth. The chart shows that XRP is undergoing a similar price base formation, suggesting that it may follow the same trajectory, given the comparable market structure.
