{"id":9174,"date":"2026-01-04T05:11:06","date_gmt":"2026-01-04T05:11:06","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/xrp-price-mirrors-2017-sideways-accumulation-trend-heres-what-happened-last-time\/"},"modified":"2026-01-04T05:11:06","modified_gmt":"2026-01-04T05:11:06","slug":"xrp-price-mirrors-2017-sideways-accumulation-trend-heres-what-happened-last-time","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/xrp-price-mirrors-2017-sideways-accumulation-trend-heres-what-happened-last-time\/","title":{"rendered":"XRP Price Mirrors 2017 Sideways Accumulation Trend \u2013 Here\u2019s What Happened Last Time"},"content":{"rendered":"<p>XRP\u2019s recent price action in 2025 was more of a dynamic movement than a simple sideways drift. After rallying strongly earlier in 2025 and pushing to new all-time highs, the cryptocurrency has spent much of the recent months digesting those gains through pullbacks and consolidations.<\/p>\n<p>That structure was referenced in a chart shared on the social media platform X by Steph, which proposed that XRP\u2019s current market behavior is beginning to resemble the long compression phase that preceded its breakout in 2017.<\/p>\n<h2><b>XRP Completes Nearly 400 Days Of Sideways Accumulation<\/b><\/h2>\n<p>According <a href=\"https:\/\/x.com\/Steph_iscrypto\/status\/2007145112128618568?s=20\" target=\"_blank\" rel=\"noopener nofollow\">to Steph\u2019s analysis,<\/a> XRP has just completed roughly 393 days of sideways accumulation, a duration that almost perfectly matches the 395-day consolidation phase it went through between 2016 and 2017.<\/p>\n<p>During that earlier cycle, XRP spent months moving within a relative range, producing a choppy price action. This kind of extended consolidation reflects a balance between buyers and sellers, where neither side is strong enough to force a decisive trend.\u00a0<\/p>\n<p>In 2017, that balance led to a transition into another technical formation of a descending channel before breaking out. The current setup in 2024-2025, at least structurally, shows XRP once again spending an unusually long time building a base in a range. A more detailed look at the chart shows another important similarity with the transition into another descending channel.\u00a0<\/p>\n<p>Back in the 2016-2017 cycle, XRP transitioned from sideways movement into a descending channel that gradually pushed the price lower over several months. That downward-sloping structure ultimately resolved with a sharp breakout to the upside.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"size-full\" src=\"https:\/\/www.tradingview.com\/x\/E7hUed3o\/\" width=\"1835\" height=\"909\" \/><\/p>\n<p>The 2024-2025 chart shows XRP moving through a comparable descending channel, with price compressing toward the lower boundary before showing early signs of a breakout while attention is still low.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"aligncenter size-full wp-image-872040\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/01\/a_765f53.png?resize=630%2C700\" alt=\"\" width=\"630\" height=\"700\" \/><\/p>\n<p style=\"text-align: center\"><a href=\"https:\/\/x.com\/Steph_iscrypto\/status\/2007145112128618568?s=20\" target=\"_blank\" rel=\"noopener nofollow\">XRP Price Comparison. Source: @Steph_iscrypto on X<\/a><\/p>\n<h2><b>What To Expect For XRP<\/b><\/h2>\n<p>The 2016-2017 chart segment above shows XRP trading for roughly 395 days in a broad sideways range between about $0.005 and $0.01. Once XRP broke out of the descending channel in early 2017, price moved up very fast, first reclaiming $0.01, then surging past $0.03 and $0.05 within a few days. The expansion did not stop there, as XRP eventually rallied into the $0.40 region later that year, cementing XRP&#8217;s first 5,000% move in its history.<\/p>\n<p>The 2024-2025 chart shows XRP peaking near the $3.40 zone before entering a sideways consolidation phase throughout 2025. Price action is now in the descending channel, which is gradually compressing around the $1.70-$1.90 area.<\/p>\n<p>That channel now looks similar to the location where XRP was in 2017 before its breakout, adjusted for scale. A comparable 5,000% move from the current zone of price action would mathematically project the XRP price to about $100.<\/p>\n<p><em>Featured image from Unsplash, chart from TradingView<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP\u2019s recent price action in 2025 was more of a dynamic movement than a simple sideways drift. After rallying strongly earlier in 2025 and pushing to new all-time highs, the cryptocurrency has spent much of the recent months digesting those gains through pullbacks and consolidations. That structure was referenced in a chart shared on the&hellip;<\/p>\n","protected":false},"author":1,"featured_media":9175,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[219],"tags":[220,98,253,250,115,254,151,150,326,153],"class_list":["post-9174","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin","tag-altcoin","tag-altcoins","tag-blockchain","tag-crypto-market","tag-crypto-news","tag-cryptocurrency","tag-ripple","tag-xrp","tag-xrp-news","tag-xrpusd"],"_links":{"self":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/9174","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/comments?post=9174"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/9174\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media\/9175"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=9174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=9174"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=9174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}