XRP's Price Movement Takes Shape as 66,000% Surge in 2017 Echoes

XRP's current price movement has caught the attention of investors due to its resemblance to a symmetrical triangle setup that preceded its massive rally in 2017/2018.

The asset is currently moving within a larger and more prolonged symmetrical triangle compared to the previous one, which started forming after XRP dropped from its $3.31 peak in January 2018.

This second triangle broke above the upper resistance line during the November 2024 rally, triggering a strong move higher that sent the asset from about $0.5 to $3.4 by January 2018.

However, XRP pulled back before climbing again to a new all-time high of $3.6 in July 2025, and it remains in a broader downtrend.