Fibonacci Circle Suggests XRP Could Repeat 2017's 1,772% Rally

input: XRP could be heading for a significant breakout, echoing its explosive rally from late 2017. EGRAG CRYPTO, a technical analyst, highlights a potential 1,772% price surge

Technical analyst EGRAG CRYPTO attests to the possibility of XRP Inc (CRYPTO: XRP) preparing for a significant breakout, drawing parallels to its explosive rally from late 2017.

In a series of tweets, the analyst highlights a potential 1,772% price surge over a 63-day cycle, aligning with historical fractal behavior observed in October 2017.

This analysis suggests that XRP could rise as high as $28.70 by July 21, 2025, an observation made using Fibonacci Circle.

This analysis aligns with broader market trends, where Bitcoin and other major tokens are also expected to reach new all-time highs in the same timeframe.

Fibronacci Circle Suggests 1,772% Rally

A zoomed-out fib spiral projection highlights XRP’s 2017 rally, where the token surged 1,772% from a consolidation pattern in just 63 days.

That move began on October 30, 2017, and peaked near $3.13. Using this exact timeframe and applying Fibonacci Circle analysis, EGRAG now places a potential upside target of $28.70 by July 21, 2025, if history repeats.

The 2025 setup mirrors the 2017 triangle breakout, both in shape and structure. A similar symmetrical triangle formation, marked by low volatility and gradually narrowing price action, sets the stage for another breakout move. The technical pattern projects major resistance near $3.35 — the 1 Fib level — while higher targets reach $8.49, $13.79, and $27.68 based on Fibonacci extensions.

XRP Tests Resistance at $2.70 Amid Descending Triangle Formation

The weekly structure shows XRP trading within a large descending triangle, with recent candles pushing against the upper resistance line.

The current price sits around $2.45, and a weekly close above $2.70 — the Fib 1.414 level — is viewed as a major trigger for a bullish continuation.

The yellow line marks the 21-week Exponential Moving Average (EMA), now serving as XRP’s support at around $2.30. Maintaining this level is critical for preserving breakout structure. Any sustained drop below the EMA could negate the breakout setup.

Previous highs from February 24, 2025 — marked at $3.00 — stand as the next key resistance before the projected move toward the $3.35 and beyond.

July 21 Marks Projected Cycle Peak

The third chart Egrag shared outlines the potential timeline. If the same 63-day pattern from 2017 plays out, XRP could peak by July 21.

The date is highlighted in another tweet as a possible top of the ongoing cycle. This aligns with broader market sentiment that Bitcoin and other major tokens may also challenge new all-time highs in the same window.

From a timing perspective, the chart shows the move from the February low around $2.20 and $2.30, aiming at the mid-$2.70s and possibly higher within the next two months. This would reflect a symmetrical move in both price and time when compared to the late-2017 fractal.

While XRP has yet to confirm the breakout, the combination of Fibonacci geometry, EMA support, and cycle repetition points to a setup worth watching in the weeks ahead.