2026-01-11 07:20:39

Ripple's XRP has exhibited similar patterns within two distinct cycles—initially experiencing a period of sideways consolidation, followed by the formation of a descending wedge correction.

Looking back at the 2017 rally, this type of pattern was actually the final "cleansing" before a significant rebound. Once the price broke through the wedge resistance, XRP entered an accelerated expansion phase, with momentum instantly activated.

Interestingly, the same pattern still appears on the current chart. The entire correction process seems to be complete, with the downward momentum clearly diminishing, and XRP is breaking through a resistance zone that closely resembles the one before the rebound seven years ago. The historical reference might be worth pondering.

XRP-2,05%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

14 Likes

Reward
14
4
Repost
Share

Comment

0/400

HallucinationGrower

· 01-11 07:37

History repeating? I feel like I can always find a "similar" reason every time haha

View OriginalReply0

MrRightClick

· 01-11 07:36

History repeating? Looking at the chart from seven years ago and comparing it to the current trend, it's quite interesting. It's just that this time, I don't know if the main force will be as aggressive.

View OriginalReply0

CryptoComedian

· 01-11 07:34

The idea that history repeats itself is something I've heard many times, but every time I end up being the one who loses the most in the story. This guy XRP, after a washout and surge seven years ago, is it going to repeat again? I feel like it's just going to replay my losing story. Wedge breakouts sound impressive, but real breakouts often come when you least expect them. That's what hurts the most. Anyone can interpret charts, but the key is whether this wave can truly break through or if it's just another fake breakout. To gamble or not to gamble—that's the real question.

View OriginalReply0

TokenDustCollector