XRP Repeats 2017 Breakout Pattern, Here’s Why Analysts Are Eyeing the $2.25 Support Flip

XRP forms a six-candle triangle mirroring 2017, signaling a potential breakout above $2.50.

Analysts say flipping $2.25 into support could trigger a rally toward $2.69 and possibly $2.80.

A close above $2.42 may confirm bullish momentum, with long-term targets set up to $37.5.

XRP continues to show strong price structure, with technical patterns repeating from previous cycles and key resistance zones in focus. Market analysts are observing consistent behavior as XRP maintains support above $2.20 and forms a compressed structure that historically precedes larger breakout moves.

XRP Consolidates Within Historical Pattern as Support Holds

In 2017, XRP formed a six-candle symmetrical triangle before breaking out above $2.50. A similar pattern has developed on the monthly chart in 2025. According to the chart analysis, XRP has created six monthly candles within a narrowing structure. The range remains between $1.70 and $2.50, forming converging trendlines.

XRP is currently trading at $2.22, holding steady after peaking near $2.33 on July 1. The price showed steady movement with a weekly gain of 0.94%. The asset stayed above $2.20 throughout the week. According to on-chain data, XRP's market cap is $131.13 billion, while daily trading volume stands at $1.63 billion.

Source: CoinMarketCap

CasiTrades posted on X that the $2.25 level is crucial. She stated, “If XRP flips $2.25 as support, a move to $2.69 or $2.80 becomes likely.” She also noted that XRP continues to respect the 0.382 Fibonacci retracement level, which aligns with the apex of the triangle.

Analysts Focus on Breakout Levels and RSI Strength

Egrag Crypto, another analyst, noted that a close above $2.35 would be bullish. He also added that a close above $2.42 would strengthen the bullish case. He mentioned that XRP has the potential to reach between $9.5 and $37.5 in this cycle based on historical market behavior.

Source: CW(X)

CW stated on X that XRP has been building strength for six months. He said the market is repeating a structure seen before the previous all-time high. If XRP breaks this convergence, the price could surpass the previous peak, confirming the final wave move.

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