Expert: If This Pattern Repeats, New XRP Multi-millionaires Could Be Made Soon
A familiar structure has started to take shape in the current XRP market cycle, drawing comparisons to one of its most explosive historical rallies.
Recent chart analysis by JackTheRippler (@RippleXrpie) highlights a pattern that closely mirrors the 2017 setup, raising expectations for a potential move to new highs.
In a recent video, he shared a chart comparing past and present price action. His analysis focuses on a completed five-wave structure followed by a descending wedge, a formation that preceded the sharp breakout in 2017.
🚨BULLISH: #XRP is poised to repeat the 2017 cycle.
New MULTI-MILLIONAIRES in the making!
— JackTheRippler ©️ (@RippleXrpie) April 3, 2026
Five-Wave Structure Sets the Foundation
The analysis points to XRP’s price surge in late 2024 as the beginning of the current cycle. During that period, XRP recorded a gain of over 500%, establishing the initial phase of a five-wave pattern. This structure aligns with classical technical analysis, where impulsive waves build momentum before a consolidation phase.
His chart shows clear wave labeling that mirrors the 2017 sequence. Each phase appears consistent in positioning and scale. The fourth wave peaked at XRP’s all-time high in July 2025, before the rapid decline into the final wave of the cycle.
Descending Wedge Signals Final Phase
Following the peak at $3.65, XRP entered the fifth wave, showing a period of controlled decline. Notably, its price action formed a falling wedge, which the analyst identifies as the final stage before a breakout. This same formation appeared in 2017, just before XRP accelerated sharply.
The wedge structure typically reflects tightening price action. Lower highs and lower lows compress the range, and this setup often leads to a decisive move once resistance breaks.
The chart presented shows XRP approaching the end of this wedge pattern. The recent bounce from the lower boundary suggests that buyers are regaining control. The structure now resembles the final moments of the 2017 setup.
— TimesTabloid (@TimesTabloid1) June 15, 2025
Breakout Projection Targets New Highs
Based on the historical comparison, the analyst expects XRP to repeat its previous breakout behavior. His post states that XRP is “poised to repeat the 2017 cycle,” pointing to a continuation of the established pattern.
In 2017, the breakout from a similar wedge led to a rapid price expansion. The current setup suggests that a comparable move could follow if resistance levels break with volume.
The projection builds on visible structural similarities between the two cycles. The five-wave formation, followed by a descending wedge, creates a consistent technical framework. According to JackTheRippler, completing this cycle could create new multi-millionaires.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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