XRP Analysts Spot 2024 Pattern Ahead of Potential 650% Surge

XRP has been struggling to regain its footing after retreating from a recent rally that briefly pushed the token toward $1.70.

Over the past week, XRP declined nearly 4%, raising questions about whether this latest pullback is a temporary correction before another leg higher.

Analyst SeffafNet views this retreat as a potentially healthy reset, suggesting that XRP may be following a pattern similar to its 2024 price action, which preceded a larger rally.

The analyst notes that if the historical pattern plays out, XRP could face several key price milestones before reaching $3.40.