XRP Price Flashes Death Cross From 2017 That Could | XRP News
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XRP is popping heads again following an spectacular show of resilience in current days, bouncing from lows of $2.08 earlier this week to reclaim $2.4 on the time of writing. This upward momentum, now clocking over 15% good points from its take a look at of the $2 assist, has introduced with it an fascinating historic sample on XRP’s every day chart.
A comparability of XRP’s present price construction with its 2017 trajectory exhibits that a uncommon setup could also be indicating a large breakout is on the horizon, with a price goal as high as $9.
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XRP Price Flashes 1D Death Cross Signal, But Price History Suggests A Twist
On the floor, a death cross has appeared on the XRP every day candlestick timeframe chart. This type of cross happens when the 50-day shifting average crosses under the 200-day shifting average, and would sometimes be interpreted as a bearish signal. However, in accordance with a crypto analyst on the TradingView platform, this won’t be the case for XRP.
A better take a look at historic precedent from 2017 means that this technical signal might not be as dangerous for XRP because it sounds. Back then, XRP exhibited almost an identical habits of trading within a descending triangle simply earlier than the death cross occurred. That second marked a misleading shift, as XRP’s price motion shortly flipped direction and exploded to the upside. Within weeks of the 2017 death cross, XRP went on to hit the 1.5 Fibonacci extension zone, delivering returns in extra of 1,350% from its pre-breakout stage of $0.23 up till its present all-time high of $3.4.
XRP has again spent months consolidating within a tight descending triangle within the 2025 setup main up to the present death cross which is the primary in over a 12 months. Despite the bearish implications of the death cross, the parallels in chart construction with the 2017 sample and timing have made this formation a bullish wildcard.
The same playout of the 2017 death cross rally would ship the XRP price to new all-time highs on the 1.5 Fibonacci extension. In phrases of a price goal, the analyst famous that the 1.5 Fibonacci extension for this 12 months aligns close to the $9.00 price stage, which might signify a 325% rally from XRP’s present price.
XRP 2017 Price Chart: Image From TradingViewXRP 2025 Price Chart: Image From TradingView
Indicators Stay Neutral But Optimistic
Notably, the XRP price has a impartial however promising technical outlook throughout increased timeframes. XRP holds a Relative Strength Index (RSI) of 54.799 on the weekly timeframe. This is mid-range and exhibits there’s nonetheless a lot of room to climb earlier than XRP turns into overbought. The MACD studying at 0.197 signifies gentle upward strain, whereas the ADX is at 30.423.
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At the time of writing, XRP is trading at $2.38. The analyst’s bullish state of affairs relies upon considerably on whether or not institutional curiosity aligns with the technical breakout.
Featured image from Unsplash, chart from TradingView
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