2026-01-08 16:29:46

The current trend of XRP is interesting because it looks eerily similar to the market movement in 2017.

The left chart shows XRP's performance in 2017, while the right chart shows the current situation in 2026. Both periods experienced a prolonged consolidation—price repeatedly testing highs and lows within a range—followed by a significant correction, forming a descending wedge pattern.

What happened after that rally in 2017? That’s the part worth paying attention to. Repetition of historical patterns often indicates that the behavioral logic of market participants is cycling. Of course, the current macro environment and liquidity structure differ from seven or eight years ago, but the similarity in geometric patterns itself is sending a signal to traders—the direction of the breakout may be determined very soon.

XRP1%

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PumpDoctrine

· 54m ago

The idea that history repeats itself is getting a bit old, but this time XRP's pattern actually has something going on.

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CodeZeroBasis

· 2h ago

Once a descending wedge breaks out, it often can't be stopped. The surge in 2017 was also outrageous. History doesn't repeat but it sure rhymes, but this time the liquidity environment is indeed different. The wedge is about to break, gamblers should get ready. After 2017, it took off directly. Can we believe this now... The pattern similarity is so high, the technicals are indeed speaking.

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GateUser-e51e87c7

· 20h ago

The descending wedge is about to break. Can it replicate the madness of 2017 this time? Let's see.

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YieldFarmRefugee

· 20h ago

We've heard enough about the idea of history repeating itself; everyone knows what happened after the 2017 wave.

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SchrodingersFOMO

· 20h ago

History tends to repeat itself. Can the descending wedge break this time? Wait, after the 2017 wave, it took off directly? This wave will either surge or crash, no middle ground. XRP is coming again. Is your wallet ready? The pattern looks similar, but it doesn't mean the outcome will be the same. The environment has changed.

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ApeEscapeArtist

· 20h ago

History repeats itself, but can it really break the level this time? I'm not too convinced.

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