XRP 2017 Playbook Hints 100% Rally Against Bitcoin Through March
Since Donald Trump won the US presidential election in November, XRP (XRP) has risen more than 350% against Bitcoin (BTC).
The XRP/BTC pair shows a similar pattern to the 2017 bull market, suggesting a rally that could explode in the coming months if this fractal plays out again.
Additionally, technical indicators and emerging fundamentals hint that the pair may double in March price.
XRP price rose 32% against Bitcoin in January.
XRP/BTC rallied nearly 32% in January 2025, breaking above key resistance levels and entering the overbought zone of the Relative Strength Index (RSI). The last time XRP/BTC saw such RSI levels was in early 2017, before the 2,500% rally.
XRP/BTC Three Week Price Chart. Source: TradingView
An RSI crossing above 70 precedes a period of market consolidation or correction. However, in some cases, strong market fundamentals can drive the price higher.
In the year In 2017, the RSI broke above the overbought 70 threshold, but did not immediately consolidate or correct. The initial coin offering (ICO)-driven euphoria helped XRP surge 2,500% against Bitcoin.
By 2025 XRP fundamentals may repeat 2017.
In the year In 2025, the fundamentals are slightly different but will remain in favor of XRP.
For example, the proposed SEC vs. Ripple lawsuit by the Trump administration could pave the way for the approval and launch of XRP exchange-traded funds (ETF) in the US.
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Analysts at JPMorgan predict that these ETFs could generate $4 billion to $8 billion in capital inflows. Meanwhile, Ripple has announced the launch of RLUSD, a stablecoin that will add utility to XRP, aiming to improve liquidity in the XRPL ecosystem.
Source: Polymarket
These strong fundamentals could pave the way for XRP/BTC to continue rallying in the coming weeks, despite being “overbought”.
The price of XRP suggests that the technicians will make a 100% profit
In this bullish scenario, the next bullish target could be the 0.236 Fibonacci retracement line, aligning with the 6,471 satoshi level (1 satoshi = 0.00000001 BTC). This would be about 100% of the current price level.
XRP/BTC Three Week Price Performance Chart. Source: TradingView
XRP/BTC has broken out of an 8-year symmetrical triangle pattern, reinforcing the bullish view presented by the 2017 fractal and associated fundamentals.
On the contrary, failure of XRP to break above the current resistance area indicated by the red colored 1,950-3,550 satoshi range on the above chart may invalidate the bullish setup discussed above.
This article does not contain investment advice or recommendations. Every investment and business activity involves risk, and readers should do their own research when making a decision.
