XRP Poised for $4.50 and Potentially More, According to Analyst, as 2017 Trend Appears to Repeat

In the cryptocurrency market, XRP has been making headlines with its recent price movements. The digital asset has broken out from an accumulation phase that spanned from 2023 to early 2025, setting the stage for potential growth.

According to crypto analyst CRYPTOWZRD, XRP's current price action appears to mirror its 2017 breakout structure, suggesting a bullish outlook. If the $2.47 level continues to hold, XRP may be preparing for an additional 66% increase in price, potentially reaching $4.50 and beyond.

However, it's important to note that XRP is currently consolidating below the $3 mark, and a healthy candle is necessary for more bullish pressure. A break above the $2.94 level could signal the start of a new move.

The intraday chart is volatile, largely due to Bitcoin's recent movement. Despite this volatility, the daily price has risen by just over 1%, but it remains down more than 5% over the past week.

The repeating pattern in XRP's price movement includes accumulation, consolidation, and upward movement, which previously led to XRP's run toward $3.30. If XRP retests the $2.94 level and fails, sideways movement could continue.

In a positive development for XRP, Gemini, a leading cryptocurrency exchange, has rolled out a credit card product offering cashback in XRP. Additionally, Gemini has also added support for RLUSD, Ripple's new stablecoin, for spot trading. These products increase XRP's exposure across trading and payments.

Users can also receive rewards directly in XRP when making purchases. This feature could potentially drive more adoption and use of XRP in everyday transactions.

CRYPTOWZRD also reported a bullish daily close for XRP, but more confirmation is needed. Javon Marks, another analyst, shared a chart showing XRP holding above the key level at $2.47, which is considered important for maintaining market structure.

Analysts predict XRP may rise to $4.50 and higher based on its 2017 structure, with current key support prices around $3.30 and below. Breaking resistance at $3.30 could lead to ambitious targets of $5 to $8, supported by increased institutional interest and regulatory clarity after Ripple's litigation.

At the time of press, XRP's daily price was above $2.8, with a 24-hour volume of over $7.2 billion. The $3.65 level is marked as a possible resistance zone, and the maintenance of the $2.47 level is crucial for XRP's continued upward trend.

As always, it's essential to do your own research and consider multiple sources before making investment decisions. The cryptocurrency market is known for its volatility, and market conditions can change rapidly.

Stay tuned for more updates on XRP and other cryptocurrencies as we continue to monitor the market.

XRP Poised for $4.50 and Potentially More, According to Analyst, as 2017 Trend Appears to Repeat