XRP is showing familiar price action, tracing a symmetrical triangle that echoes the setup before its 2017-2018 surge. Recent charts reveal the token moving within this classic pattern, which previously sparked an extraordinary 66,000% gain, lifting XRP to $3.31 back in early 2018.

Two Triangle Patterns, Two Market Cycles

The initial symmetrical triangle emerged after XRP dropped from a $0.0614 high in December 2013, lasting until its breakout in March 2017. That breakout kicked off a staggering rally from roughly $0.005 to $3.31 by January 2018.

The current triangle is on a much grander scale, having formed over an entire market cycle since the 2018 peak. Following the January 2018 high, XRP stayed inside this pattern for years before breaking above its upper resistance line during the November 2024 rally under Trump’s presidency.

This breakout propelled XRP from around $0.5 to above $3.4 by January 2018, followed by a pullback and a subsequent climb to a fresh all-time high near $3.6 in July 2025. But instead of pushing higher immediately, XRP entered a significant correction phase, retreating toward the breakout zone and key macro-level support. This ongoing pullback is critical, as the token remains in a broad downward trend within the triangle.

Technical Indicators and Historical Support Levels

The monthly Relative Strength Index (RSI) recently dipped to about 41.85, entering oversold territory. Previously, this zone has indicated strong accumulation periods where buyers stepped in for the long haul. Despite the present weakness and fading momentum, the integrity of the larger breakout pattern remains intact.

Traders should brace for ongoing volatility. Further tests of support might happen before any sustained recovery, suggesting the road ahead could be challenging.

History offers a parallel: after the 2017 breakout, XRP pulled back to $0.0075 in April 2017, revisiting the triangle’s upper trendline and successfully retesting the breakout. A similar dynamic may unfold this time.

material is informational and not financial advice