TimesTabloid
2025-10-01 10:31:12

XRP to $5-$15? Price Flipped Green on Quarterly Chart For the First Time Since 2017

Crypto analyst and economist Mikybull has presented a technical assessment suggesting XRP may be entering a new phase of price expansion. His review of the quarterly chart highlights a structural change that has not been observed since 2017, with the price now closing above a key resistance zone. This shift, according to his analysis, establishes conditions that could support a move into a considerably higher range. $XRP to $5-$15 For the first time since 2017, it flipped green on the quarterly chart. Already broken above the resistance as it similarly did in 2017. pic.twitter.com/NP7FY7fjC9 — Mikybull Crypto (@MikybullCrypto) September 29, 2025 Break Above Resistance Mikybull points to the quarterly timeframe, where XRP has closed green for the first time since 2017. He emphasizes that this change coincides with a breakout above resistance levels that have contained price growth in previous cycles. At the time of his post, XRP was trading near $2.86. The analyst stated that this breakout reflects a notable development in long-term chart structure. The technical reading suggests that the breakout could be sustained, provided the quarterly close holds above the reclaimed level. Parallels With 2017 In explaining the relevance of the move, Mikybull draws a comparison with the 2017 cycle. That period was marked by an extended consolidation phase before a sharp upward break on higher timeframes. He interprets the current technical pattern as closely resembling that structure, noting that the combination of a positive quarterly close and resistance break mirrors the setup seen before XRP’s significant appreciation during that cycle. Based on that precedent, he places forward-looking estimates in the range of $5 to $15 . We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Market Reactions Other market observers who commented on his analysis reinforced the significance of the development. One user described the move as reminiscent of the 2017 pattern and questioned whether history would repeat itself under current market conditions. Another noted that reclaiming the quarterly level is meaningful from a technical standpoint and merits attention. A third commentator suggested that a strong wave of market enthusiasm could extend the advance further, with estimates stretching as high as $20 to $25. These reactions highlight the varying degrees of conviction on how far the move could extend, but they are aligned on the importance of the quarterly breakout itself. Outlook and Considerations While Mikybull frames the quarterly signal as an indicator of possible higher valuations, the outcome remains dependent on broader market forces. Current conditions differ from 2017, with regulatory developments, institutional participation, and macroeconomic variables shaping trading dynamics in ways that cannot be captured solely by chart analysis. The positive signal on the quarterly chart is significant, but it does not eliminate the possibility of retracements or false moves. Follow us on X , Facebook , Telegram , and Google News The post XRP to $5-$15? Price Flipped Green on Quarterly Chart For the First Time Since 2017 appeared first on Times Tabloid .

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