Crypto analyst Galaxy (@galaxybtc) recently shared a chart examining XRP’s long-term price 0 analyst compared XRP’s current performance to 2017, highlighting a consolidation phase that preceded the breakout to its previous all-time high in 1 focus of the chart is the current consolidation range, which sits between $1.98 and $3.30, and the breakout that could come from this 2 to zoom out the $XRP 3 do we see? A consolidation phase between previous all time high and new 4 to 2017, followed all-time-highs and 5 — Galaxy (@galaxyBTC) August 30, 2025 Comparing Current Trends with 2017 The chart tracks XRP’s price performance from 2014 through 2025 and outlines two major phases of 6 first occurred before the significant rally of late 2017, when the asset broke out of a prolonged base near the $0.03 to $0.06 7 move ultimately preceded XRP’s surge to $3.3, marking a 5,400% increase from the upper 8 chart shows that XRP is in another consolidation phase, ranging between $1.98 and $3.30.
This extended consolidation phase has held the asset down throughout 9 made a notable breakout attempt in July, rising to a new all-time high of $3.65 before falling back due to 10 is once again trading within a range just below a prior high, which may serve as a platform for further upward 11 implication is that, if the 2017 breakout pattern is mirrored, another strong rally could 12 are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Consolidation Levels and a Potential Target The identified support and resistance levels provide context for this 13 lower bound near $1.98 represents the point that previously acted as resistance, which has now become 14 upper level is around $3.30 before the cycle’s 15 these boundaries, Galaxy’s chart highlights ongoing 16 the time of Galaxy’s analysis, XRP traded at $2.78.
A return to $3.65 would represent a moderate gain, but repeating the 5,400% rise from 2017 could send the asset to $152.9, much higher than many investors 17 XRP has experienced a worrying decline over the past few days, investors are still confident in its immediate future. Notably, another prominent analyst recently confirmed this consolidation , anticipating a major breakout in the asset’s immediate 18 gas stabilized at a higher range compared to previous years, and the length of this consolidation phase suggests an even bigger breakout than 19 : This content is meant to inform and should not be considered financial 20 views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s 21 are advised to conduct thorough research before making any investment 22 action taken by the reader is strictly at their own 23 Tabloid is not responsible for any financial 24 us on X , Facebook , Telegram , and Google News
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