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Breaking News: JPMorgan Says Strategy Could Buy Up To $30B In Bitcoin This Year– TD Cowen Lifts Target To $395
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Breaking News: JPMorgan Says Strategy Could Buy Up To $30B In Bitcoin This Year– TD Cowen Lifts Target To $395

XRP Price Is Replicating The 2017 Trend And The Implications Are Parabolic

Scott Matherson
Scott Matherson
Last Updated: May 6, 2026 9:30 pm
3 mins read

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Analysts are predicting an explosive surge in XRP’s price this year, comparing the current cycle to the 2017 bull market. According to a recent forecast, XRP’s chart structure is replicating the bullish patterns that preceded its historic 2017 rally. Experts believe that if this historical trend plays out perfectly, the XRP price, which has been trending downward for months now, could go parabolic.

XRP Price Mirrors Bull Setup From 2017 Rally

@Cryptocupra, a market analyst on X, is sounding the alarm about a major bullish move he believes could soon take place in XRP’s price. In a video analysis shared on May 4, the expert forecast that XRP could soon go parabolic, citing historical chart patterns from the 2017 cycle.

Related Reading

XRP

Here’s How High The XRP Price Will Be If It Repeats The 2017 Surge

5 days ago

The analyst drew comparisons between XRP’s price action in 2026 and its movements in 2017. According to @Cryptocupra, XRP is currently displaying the exact structure and setup that had led to its parabolic rally in 2017. At the time, the cryptocurrency was trading around $0.006. However, it broke out of lower levels and rallied, extending its bullish run until it hit an all-time high above $3.84 in 2018.

@Cryptocupra’s video chart further shows that in 2017, XRP broke out of a descending triangle pattern before launching into a rally. The chart shows that XRP had been trending downward for months inside this narrow triangle before breaking out to the upside.

@Cryptocupra reveals that this same triangle pattern has appeared in the 2026 cycle, reinforcing his bullish outlook for XRP this year. The chart shows that after the cryptocurrency surged above $3.5 in 2025, it began to trend downward and eventually formed a descending triangle. Since then, XRP has been trading in the red, steadily declining even as other cryptocurrencies surged. 

Notably, if XRP can break out as it did in 2017, @Cryptocupra believes its price could surge, turning many holders into millionaires. He predicted that all that’s left is a final shakeout before a trend reversal to the upside begins, triggering the projected price explosion.  

Analyst Says XRP At $10-$20 Still On The Table

In a separate analysis, market expert Crypto Patel forecasted that XRP’s potential rally toward the $10 to $20 range was “absolutely” still on the table. Despite the cryptocurrency currently trading around $1.4 after months of decline and muted price action, the analyst maintains a solid bullish outlook, citing past price performance and achievements.

Related Reading: Analyst Shares ‘Realistic Stance’ For XRP, But Is It The End Of The Road?

He noted that despite market participants calling XRP a dead coin in 2023, the cryptocurrency jumped from $0.006 in 2017 to over $3 in 2018. He said that XRP also skyrocketed from $0.50 in November 2024 to over $2.60 in just 30 days. 

XRP
Source: Chart from Crypto Patel on X

As a result, Crypto Patel believes that a surge to $10 is closer than ever, highlighting a critical accumulation zone between $0.70 and $1.10 for XRP. He believes that this parabolic rally will likely be fueled by the cryptocurrency’s underlying network, which he says is 1,000x faster than Bitcoin, 99% cheaper than Ethereum, and already being used by global banks. 

XRP
XRP trading at $1.44 on the 1D chart | Source: XRPUSDT on Tradingview.com
Featured image from iStock, chart from Tradingview.com
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Scott Matherson
Scott Matherson

Scott Matherson

Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers.

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Scott’s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott’s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life.

With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others.

Scott’s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott’s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry.

Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors.
In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else.

Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies.

Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

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