XRP could be on the verge of a major rally, according to a market analyst known as the “Charting Guy.”
In a recent post on X, the analyst presented a striking fractal pattern in the XRP/BTC chart that closely mirrors the altcoin’s explosive 2017 bull run—down to the structure, timing, and market behavior.
The fractal, which accurately projected local highs earlier this year, now suggests XRP may be entering the parabolic phase seen in late 2017. Following a mid-year consolidation and a breakout in August, the pattern hints at a potential surge in XRP’s performance relative to Bitcoin over the coming months.
While the fractal doesn’t offer precise price targets, the technical alignment with past movements has drawn renewed attention. The Charting Guy urged traders to monitor XRP/BTC closely, as its next move could set the stage for a powerful uptrend.
Supporting this view, analyst Matt Hughes noted that both the XRP/BTC and XRP/USD pairs are testing critical levels on the weekly Ichimoku Cloud. In both cases, XRP is now pressing against the upper boundary of the cloud—often considered a key resistance level that, once broken, may signal a bullish breakout.
With bullish momentum building across both pairs, market watchers believe XRP could be poised to outperform Bitcoin in the near term, reviving hopes of a strong upward phase for the token.
Kosta Gushterov
Reporter at Coindoo
Kosta gehört seit 2021 zum Team und hat seine Position mit seinem Wissensdurst, seinem unglaublichen Engagement und seiner „detektivischen“ Denkweise gefestigt. Er deckt nicht nur eine breite Palette von Trendthemen ab, sondern erstellt auch Rezensionen, PR-Artikel und Bildungsinhalte. Seine Arbeit wurde auch von anderen Nachrichtenagenturen referenziert.
Source: https://coindoo.com/market/could-xrp-outperform-bitcoin-again-charts-say-yes/