XRP's RSI at 33 Matches Every Major Breakout Since 2017
A rising green support line originating in 2014 has caught every major crash in XRP's history, including the early 2017 drop, the 2020 Covid crash, and the 2022 bear market. Market technician Papa identified a 12-year rising channel connecting major XRP tops since 2013, with a ₱1,326 ($22) price target based on historical structure.
Key Takeaway
XRP's RSI at 33 matches every bull run setup since 2017, but patient holders outlast those worn down by sideways drift.
Crypto analyst Cryptollica identified a repeating pattern in XRP's 10-day candlestick chart that matches every major bull run turning point over the past decade. The Relative Strength Index currently reads 33, nearly identical to the levels before the 2017 surge (RSI 37) and the 2020 bull run (RSI 34).
The pattern matters because XRP behaves differently than Solana or Dogecoin. Cryptollica said XRP is an asset that wears holders down through delay, playing out corrections through long periods of flat, draining price action rather than sudden drops. That distinction creates two types of investors: those who endure the waiting to capture asymmetric expansion, and those who surrender their positions from exhaustion.
Market technician Papa identified a 12-year rising channel connecting major XRP tops since 2013, with a price target of ₱1,326 ($22) based on the historical structure. Bloomberg analysts estimate a 95% chance of XRP ETF approval following Ripple's legal victory against the SEC, which has boosted institutional interest.
Analyst Bird flagged a correlation between XRP rallies and Bitcoin dominance breakdowns. The pattern from 2023 to 2025 showed Bitcoin dominance trending upward, breaking down through the trend, backtesting from underneath, then rolling over. Bird said this time the setup is even bigger than previous cycles.
If past cycles repeat, XRP could continue forming higher lows on the 10-day timeframe, translating to a gradual climb into higher price ranges. Analyst Ali Martinez confirmed a multi-year symmetrical triangle pattern on XRP's monthly chart, where price compresses between rising support and descending resistance lines before large breakout moves, with XRP currently trading at $1.37.
This article was written based on reporting from Bitcoinist.
