XRP’s Path To $15: A Look At Historical Price Alignments

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As a seasoned crypto investor with a penchant for analyzing market trends and patterns, I find myself intrigued by both Bobby A’s and bassii’s perspectives on XRP‘s potential trajectory.

Bobby A’s technical analysis aligns with my own observations of XRP’s historical price movements. The percentage-based extrapolations and chart pattern assessments seem plausible, especially considering the reducing percentage point increases observed since 2017. If these trends continue, I can see XRP reaching the $15 mark as suggested by Bobby A. However, I remain cautiously optimistic, as the market is unpredictable and influenced by numerous factors beyond simple percentage-based extrapolations.

On the other hand, bassii’s fractal analysis offers an interesting counterpoint. The similarities between the 2017 and 2024 cycles are striking, and if XRP indeed continues to follow these patterns, we might see prices soaring to $30 or even $35 by September 2025. This is a bold prediction, but as they say, past performance is no guarantee of future results.

In the end, I believe it’s essential to keep an open mind and adapt our strategies based on real-time chart developments. As for my personal investment strategy, I always remember to never invest more than I can afford to lose—just in case XRP decides to moon straight to the Moon of Mars!

According to a technical analysis posted by crypto analyst Bobby A (@Bobby_1111888) about the cryptocurrency X, this analyst predicts that the price of XRP could potentially hit $15 during this bull run, assuming historical price movement trends hold true. This analysis takes a close look at the past market cycles of XRP, using percentage-based projections and chart pattern evaluations to make educated guesses about its future price direction.

Is A XRP Price Of $15 Realistic?

Bobby A’s analysis compares XRP’s growth during its 2017 market period to its expected path in 2024. After reaching a high point in 2017, signified by a horizontal black dashed line on the graph, XRP initially surged by 629%.

Compared to its breakout in 2024, the asset has significantly increased by about 331%. Looking even further back, from its high in December 2014 to the peak in May 2017, which almost reached the 4.236 Fibonacci extension level, XRP experienced an astounding rise of around 1,330%.

According to Bobby A’s analysis, by cutting in half the percentage increase that started in 2017, he predicts that XRP could experience a growth of about 665%. This calculation places XRP around $15.00, which is close to the 4.236 Fibonacci extension level.

Bobby A notes that XRP seems to be reducing its percentage point growth by half compared to its market cycle in 2017. If XRP continues this pattern and decreases its next significant growth by half, from a percentage perspective, it would approximately place the asset’s price around $15.00 near its 4.236 extension after a potential increase of about 665%.

Bobby A points out that a bull flag pattern is emerging in the asset, which often suggests more upward price action ahead. This bull flag aligns with the upper boundary of XRP’s long-term parallel channel, approximately at the $10.50 price point.

A different analyst, known as @cryptobassii, presented an opposing perspective using fractal analysis. According to this analyst, the current surge in XRP’s price could potentially be reduced by 42%, with the digital coin projected to reach around $9 before experiencing a substantial decline.

Based on my extensive experience in analyzing financial markets, I’ve noticed that fractal patterns can be quite intriguing and potentially profitable if understood correctly. In this particular instance, it appears that a run of around 42% could bring us close to $9, followed by a significant drop. However, there seems to be an important caveat: the final part of the 2017 run is not being fully considered in this analysis. If, hypothetically speaking, we were to assume that this missing piece of the puzzle unfolds similarly to how it did in 2017, and if we maintain the same percentage gains, we could potentially reach approximately $30 after several months of accumulation. Keep in mind, though, that market conditions can change rapidly, and past performance is no guarantee of future results.

Or Even $35?

Bassii mentioned a past examination focusing on him that highlighted the resemblance between the 2024 campaign and the 2017 phase. Interestingly, both durations displayed five weeks of uninterrupted bullish price movements, or green candles, though the intensity varied – around 5 times greater in 2024 (about 500%) compared to the 12-fold increase seen in 2017 (1,200%).

2017 saw five weeks of significant price increases for XRP, totaling around 1,200%, followed by a three-week downturn that resulted in a decrease of approximately 63%. In 2024, the pattern repeated itself, with another five weeks of price growth amounting to roughly half of the 2017 surge (around 500%). So far in 2024, we’ve seen one week of a correction, and the decline has been about 30%. This trend mirrors the corrective phases from both years, with the magnitude of each decrease being roughly halved compared to the previous period.

Drawing upon my extensive experience in analyzing market trends, I believe that if XRP continues to adhere to its historical fractal patterns without major disruptions, it has the potential to accumulate over several months and reach a price of $30 by September 2025. This prediction is based on my observation of similar patterns in various markets throughout my career as a financial analyst. However, it’s important to note that while historical trends can provide valuable insights, they are not guarantees and the market is inherently unpredictable. Always do your own research and consider consulting with a financial advisor before making investment decisions.

In response to Bassii’s analysis, Bobby A shows a guarded sense of optimism by saying, “I’m hesitant about the upcoming impulse, but I am more confident in the one after that.” Bassii reinforces this by stressing the significance of sticking to fractal patterns and real-time chart trends, explaining, “I believe it will depend on how closely we adhere to the fractals and what the chart indicates during the next phase. So far, it has been remarkably similar. The last eight weeks’ weekly candles have mirrored each other very closely. I’m not a believer in quick price jumps, I know $30-$35 might sound unrealistic. But if our progress continues to align with the 2017 trend.

At press time, XRP traded at $2.1581.

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2025-01-01 16:17