Market Researcher Warns XRP Could Replay 2017 Rally, Eyeing $20 Price Eruption ⋆ ZyCrypto

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Ripple’s XRP traded sideways on Tuesday, maintaining a cautious stance after a recent surge in market liquidity. 

Notably, over the past week, the cryptocurrency has edged up roughly 2%, even as broader markets faced widespread selling pressure across major digital assets.

Meanwhile, despite this muted movement, analysts are spotlighting XRP, suggesting that its current price action and technical setup could foreshadow a rally reminiscent of the record-breaking run seen in 2017.

According to analyst Javon Marks, XRP could be on the verge of repeating its 2017 surge.

The analyst noted that the cryptocurrency’s current structure and breakout pattern are “extremely similar to that 2017 move,” adding that the present pullback may be only a temporary pause before XRP potentially climbs well beyond the $20 mark.

He emphasized that if history repeats itself, traders could be witnessing the opening stages of a broader, multi-month rally.

Additionally, analyst ChartNerd provided a broader macro perspective, linking XRP’s potential trajectory to Bitcoin’s cyclical behavior. 

According to the analyst, XRP’s short-term movements cannot be viewed in isolation; rather, they are intertwined with Bitcoin’s price action and the broader four-year market cycle.

Historically, mid-term years such as 2014, 2018, and 2026 have often been bearish for cryptocurrencies, with extended declines.

However, anomalies, like the institutionally driven rally in 2021, demonstrate that external factors can accelerate rebounds.

Furthermore, analyst ChartNerd noted that Bitcoin holding support at $60,000 is critical for preventing further downside. 

According to his analysis, XRP could experience a sharp pullback toward $0.70 should Bitcoin falter toward $50,000–$40,000, a level of prior resistance that may transform into support.

On the flip side, if Bitcoin maintains its momentum, XRP could defend levels above $1.12 and potentially challenge resistance points at $1.80–$2 in the near term.

The analyst cautioned, however, that relief rallies during bearish cycles are often short-lived, underscoring the need for patience and strategic positioning.

Elsewhere, analyst Egrag Crypto reiterated a bullish outlook, emphasizing the importance of technical confirmations over market narratives.

“Conviction is excellent, but I rely on math, numbers, and charts,” he stated. 

He outlined that a weekly close above $2.20 would signal stronger momentum, while smaller pumps in the interim could simply serve as sell-side liquidity events.

The analyst also dismissed the influence of external commentators, noting that structural analysis and chart-based patterns remain more reliable indicators in predicting XRP’s next moves.

At press time, XRP was trading at $1.39, reflecting a 1.63% upsurge in the past 24 hours.