XRP Set for 500% Rally to $14 as 2017 Pattern Repeats, Analyst Says

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Is XRP About to Make You Rich? 🚀💰

Well, folks, after a long, dreary stretch of sideways trading that could put a sloth to sleep, it seems our dear XRP might just be gearing up for a breakout. At least, that’s the word from the ever-optimistic crypto analyst, Mikybull Crypto. Who knew that a bull could tweet? 🐂💬

In a recent tweet that surely sent ripples through the crypto community, Mikybull drew a cheeky comparison between XRP’s current meandering and its wild ride back in 2017. He’s suggesting that we might be on the brink of a 500%+ surge, potentially catapulting the price to a staggering $14. Yes, you heard that right—$14! That’s more than a fancy coffee and a donut! ☕🍩

2025 Mirrors 2017 Chart Patterns

Mikybull shared a three-week XRP price chart that looks like it was photocopied from a history book. It shows two eerily similar timeframes: one from 2017, when XRP shot up to its then all-time high of $3.38 (a number that still makes some investors weep), and the other from 2025, where the coin seems to be stuck in a triangle consolidation pattern. Talk about déjà vu! 🔄

Back in 2017, XRP was as stagnant as a pond in July, moving sideways for months before it decided to explode by a whopping 1,300% in just a few weeks. If history has a sense of humor, we might just see a breakout toward $14, which would be quite the leap from its current price of around $2.19. That’s like jumping from a kiddie pool to the deep end! 🏊‍♂️

Ripple Lawsuit Could Be the Kick Start

Now, here’s where it gets juicy. This pattern is forming while Ripple’s legal tussle with the SEC is still in the spotlight, like a bad reality show that just won’t end. The case, which has been dragging on since 2020, is currently on a temporary pause until August 15. Can we get a collective sigh of relief? 😅

Both Ripple and the SEC have submitted a revised settlement motion, but the district court is taking its sweet time to approve it. If the case wraps up in Ripple’s favor, we could be looking at the ignition for the next major rally. Buckle up, folks! 🚗💨

On-Chain Metrics Support Bullish Case

To add fuel to this bullish fire, data from Santiment shows a massive spike in XRP’s on-chain activity. Daily active addresses have surged to 295,000, a 7x jump from the three-month average of just 40,000. That’s more action than a soap opera! 📺

Meanwhile, whale accumulation has hit a record high, with over 2,700 wallets now holding at least 1 million XRP—the highest in the token’s 12+ year history. It’s like a whale convention out there! 🐋

On the flip side, trading volume also jumped 157% to $5.26 billion, indicating that investors are waking up and smelling the coffee. Or maybe they’re just trying to catch the next big wave! 🌊

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2025-06-17 14:38