The post Can XRP Price Break $2.55 as Momentum Aligns With 2017 Pattern? appeared on BitcoinEthereumNews.com. XRP price held a rising long-term trend while it compressed near support on November 2, 2025. The token traded in a narrow range as chart signals aligned with patterns from a prior advance. Why XRP Price Held Support After Year-Long Consolidation XRP price action showed a year of consolidation inside a wider uptrend. The token respected a rising trendline that started before the last major breakout. The range stayed tight. Intraday moves clustered near the current level. Traders often viewed such bands as late-stage compression within larger structures. Charts showed a symmetrical formation that dated back to the last expansion. Symmetrical structures described opposing trendlines that converged over time. They often formed after strong impulses as markets reset. The pattern continued to print higher lows. Higher lows meant buyers defended pullbacks at progressively higher levels. That behavior signaled demand persistence rather than a reversal. No macro trendline break appeared during the consolidation. The absence of a break suggested trend continuity, not weakness. Pullbacks respected structure and stopped above the long-term guide. Context mattered. The token followed a rhythm that also emerged before the 2017 surge. Then, a prolonged squeeze released into a steep climb. Current structure shared that cadence, though without similar volatility. Tight ranges typically limit noise and reduce whipsaws. They also build potential energy for later swings. Market participants monitored these setups for signs of expansion. Source: X How XRP Price Aligns with Fibonacci and Momentum Signals Fibonacci extensions mapped potential targets after an impulse wave. Technicians derived them by projecting ratios, such as 1.272, 1.414, and 1.618, from prior price swings. These levels did not predict outcomes. They offered reference points that many traders watched. During the 2017 cycle, price reached the 1.272, 1.414, and 1.618 marks. Those levels aligned near $0.14, $0.20, and $0.41. Price later… The post Can XRP Price Break $2.55 as Momentum Aligns With 2017 Pattern? appeared on BitcoinEthereumNews.com. XRP price held a rising long-term trend while it compressed near support on November 2, 2025. The token traded in a narrow range as chart signals aligned with patterns from a prior advance. Why XRP Price Held Support After Year-Long Consolidation XRP price action showed a year of consolidation inside a wider uptrend. The token respected a rising trendline that started before the last major breakout. The range stayed tight. Intraday moves clustered near the current level. Traders often viewed such bands as late-stage compression within larger structures. Charts showed a symmetrical formation that dated back to the last expansion. Symmetrical structures described opposing trendlines that converged over time. They often formed after strong impulses as markets reset. The pattern continued to print higher lows. Higher lows meant buyers defended pullbacks at progressively higher levels. That behavior signaled demand persistence rather than a reversal. No macro trendline break appeared during the consolidation. The absence of a break suggested trend continuity, not weakness. Pullbacks respected structure and stopped above the long-term guide. Context mattered. The token followed a rhythm that also emerged before the 2017 surge. Then, a prolonged squeeze released into a steep climb. Current structure shared that cadence, though without similar volatility. Tight ranges typically limit noise and reduce whipsaws. They also build potential energy for later swings. Market participants monitored these setups for signs of expansion. Source: X How XRP Price Aligns with Fibonacci and Momentum Signals Fibonacci extensions mapped potential targets after an impulse wave. Technicians derived them by projecting ratios, such as 1.272, 1.414, and 1.618, from prior price swings. These levels did not predict outcomes. They offered reference points that many traders watched. During the 2017 cycle, price reached the 1.272, 1.414, and 1.618 marks. Those levels aligned near $0.14, $0.20, and $0.41. Price later…

Can XRP Price Break $2.55 as Momentum Aligns With 2017 Pattern?

XRP price held a rising long-term trend while it compressed near support on November 2, 2025. The token traded in a narrow range as chart signals aligned with patterns from a prior advance.

Why XRP Price Held Support After Year-Long Consolidation

XRP price action showed a year of consolidation inside a wider uptrend. The token respected a rising trendline that started before the last major breakout.

The range stayed tight. Intraday moves clustered near the current level. Traders often viewed such bands as late-stage compression within larger structures.

Charts showed a symmetrical formation that dated back to the last expansion. Symmetrical structures described opposing trendlines that converged over time.

They often formed after strong impulses as markets reset. The pattern continued to print higher lows.

Higher lows meant buyers defended pullbacks at progressively higher levels. That behavior signaled demand persistence rather than a reversal.

No macro trendline break appeared during the consolidation. The absence of a break suggested trend continuity, not weakness.

Pullbacks respected structure and stopped above the long-term guide. Context mattered. The token followed a rhythm that also emerged before the 2017 surge.

Then, a prolonged squeeze released into a steep climb. Current structure shared that cadence, though without similar volatility.

Tight ranges typically limit noise and reduce whipsaws. They also build potential energy for later swings. Market participants monitored these setups for signs of expansion.

Source: X

How XRP Price Aligns with Fibonacci and Momentum Signals

Fibonacci extensions mapped potential targets after an impulse wave. Technicians derived them by projecting ratios, such as 1.272, 1.414, and 1.618, from prior price swings.

These levels did not predict outcomes. They offered reference points that many traders watched. During the 2017 cycle, price reached the 1.272, 1.414, and 1.618 marks.

Those levels aligned near $0.14, $0.20, and $0.41. Price later corrected after tagging those extensions. The present cycle showed a similar grid at much higher numbers.

CurrentXRP price projections clustered near $8.50, $13.75, and $27.50. Those targets matched the upper bands of the visible structure.

The placement echoed the architecture seen before the 2018 move. This alignment did not guarantee future gains.

It framed areas where momentum could stall or accelerate. Traders used such levels as map points rather than fixed destinations.

Momentum corroborated the structural story. The Relative Strength Index measured the speed and magnitude of recent moves.

In 2017, RSI spiked into extreme territory above 90 during the blow-off phase. In the current cycle, the indicator followed a similar slope but with calmer amplitude.

That XRP price behavior matched a cooling phase within an ongoing uptrend. Taken together, structure and momentum pointed to a market that consolidated without breaking.

Price respected support, extensions remained valid, and the indicators stayed supportive. The combination argued for trend durability while the range persisted.

What Next: Trend Continuation or Failure?

The market watched for a decisive break from the narrow band. A firm close above nearby resistance would have signaled range expansion.

That action would have turned the compression into movement. Structural context still mattered more than any single print.

The rising trendline, the symmetrical formation, and the higher-low sequence set the backdrop. As long as price respected those guides, the broader uptrend remained the base case.

Fibonacci extension bands offered objective map points. Reactions around those numbers informed whether the move retained strength.

Strong advances often paused at an extension, consolidated, and then tested the next level. Momentum behavior helped confirm the move.

If RSI lifted toward prior cycle extremes without immediate reversal, trend continuation gained credibility. If RSI rolled over from mid-range while price failed at resistance, the setup weakened.

Volatility conditions also played a role. Compression phases often end with directional bursts. Traders watched follow-through on subsequent sessions to assess durability.

Liquidity conditions influenced execution but did not change the structure. Structure and momentum still defined the primary narrative.

In summary, the market tracked three items with respect to XRP price. First, whether price closes outside the tight band. Second, whether structure kept clocking higher lows above the rising guide.

Third, whether momentum stayed supportive rather than rolling over. If those elements aligned, the consolidation would have read as basing, not topping.

If they diverged, the case for a deeper pullback would have strengthened. The data to that point still supported the long-term trend framework.

Source: https://www.thecoinrepublic.com/2025/11/03/can-xrp-price-break-2-55-as-momentum-aligns-with-2017-pattern/

Market Opportunity
XRP Logo
XRP Price(XRP)
$1.976
$1.976$1.976
+0.91%
USD
XRP (XRP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

MAXI DOGE Holders Diversify into $GGs for Fast-Growth 2025 Crypto Presale Opportunities

MAXI DOGE Holders Diversify into $GGs for Fast-Growth 2025 Crypto Presale Opportunities

Presale crypto tokens have become some of the most active areas in Web3, offering early access to projects that blend culture, finance, and technology. Investors are constantly searching for the best crypto presale to buy right now, comparing new token presales across different niches. MAXI DOGE has gained attention for its meme-driven energy, but early [...] The post MAXI DOGE Holders Diversify into $GGs for Fast-Growth 2025 Crypto Presale Opportunities appeared first on Blockonomi.
Share
Blockonomi2025/09/18 00:00
XRP Derivatives Market Heats Up: Open Interest Jumps Amid Spike In Volatility

XRP Derivatives Market Heats Up: Open Interest Jumps Amid Spike In Volatility

In a sudden move, the cryptocurrency market flipped extremely bearish, causing major digital assets such as XRP to drop sharply. After days of trading above the
Share
Bitcoinist2026/01/22 04:00
UK crypto holders brace for FCA’s expanded regulatory reach

UK crypto holders brace for FCA’s expanded regulatory reach

The post UK crypto holders brace for FCA’s expanded regulatory reach appeared on BitcoinEthereumNews.com. British crypto holders may soon face a very different landscape as the Financial Conduct Authority (FCA) moves to expand its regulatory reach in the industry. A new consultation paper outlines how the watchdog intends to apply its rulebook to crypto firms, shaping everything from asset safeguarding to trading platform operation. According to the financial regulator, these proposals would translate into clearer protections for retail investors and stricter oversight of crypto firms. UK FCA plans Until now, UK crypto users mostly encountered the FCA through rules on promotions and anti-money laundering checks. The consultation paper goes much further. It proposes direct oversight of stablecoin issuers, custodians, and crypto-asset trading platforms (CATPs). For investors, that means the wallets, exchanges, and coins they rely on could soon be subject to the same governance and resilience standards as traditional financial institutions. The regulator has also clarified that firms need official authorization before serving customers. This condition should, in theory, reduce the risk of sudden platform failures or unclear accountability. David Geale, the FCA’s executive director of payments and digital finance, said the proposals are designed to strike a balance between innovation and protection. He explained: “We want to develop a sustainable and competitive crypto sector – balancing innovation, market integrity and trust.” Geale noted that while the rules will not eliminate investment risks, they will create consistent standards, helping consumers understand what to expect from registered firms. Why does this matter for crypto holders? The UK regulatory framework shift would provide safer custody of assets, better disclosure of risks, and clearer recourse if something goes wrong. However, the regulator was also frank in its submission, arguing that no rulebook can eliminate the volatility or inherent risks of holding digital assets. Instead, the focus is on ensuring that when consumers choose to invest, they do…
Share
BitcoinEthereumNews2025/09/17 23:52