XRP Q4 Setup Mirrors 2017 Rally — Analysts Eye Bullish Breakout

XRP may be quietly preparing for a significant breakout as Q4 unfolds. Analysts note that recent price action and chart patterns are reminiscent of the 2017 accumulation phase, which preceded one of the cryptocurrency’s most explosive rallies. Technical indicators and Bitcoin dominance data suggest that the altcoin could be poised for a powerful upward run if conditions align.

Crypto strategist CoinsKid highlighted that XRP’s bullish potential remains intact despite short-term fluctuations. According to the analyst, the setup is supported by ongoing shifts in Bitcoin Dominance (BTC.D), a critical indicator of capital rotation between Bitcoin and altcoins. When BTC.D shows weakness, capital typically flows into altcoins like XRP, creating conditions for upward momentum.

Short-Term Challenges and Structural Observations

While optimism remains, XRP’s recent dip below the $1.90 level has introduced a structural anomaly into the short-term outlook. This deviation adds a layer of caution, as failing to maintain key support levels could delay the anticipated breakout.

CoinsKid emphasized that for the bullish scenario to remain valid, Bitcoin dominance must stay below its 5-day resistance level, while XRP itself must hold above its 5-day CoinskidRibbon support. Maintaining these technical thresholds is essential for preserving the Q4 bullish thesis.

Wyckoff Accumulation Pattern Suggests Bullish Potential

EᴛʜᴇʀNᴀꜱʏᴏɴᴀL recently highlighted that XRP appears to be forming a classic Wyckoff accumulation pattern, a structure often preceding large-scale bullish movements. In Wyckoff theory, accumulation occurs when “smart money” quietly builds positions while the price remains range-bound, typically following prolonged declines.

This accumulation phase is characterized by repeated testing of support levels and diminishing selling volume. These conditions indicate growing pressure beneath key support zones, setting the stage for a potential breakout once buyers regain control.

The analyst further noted that XRP’s current structure closely mirrors its 2017 cycle. During that period, a similar accumulation phase eventually transitioned into a parabolic rally, allowing the asset to climb to the distribution zone where significant profits were taken.

Technical Signals Supporting a Breakout

From a technical perspective, XRP’s near-term setup displays several bullish indicators:

• Strong support at recent lows: Price repeatedly tests and holds key support zones.

• Diminishing selling volume: Reduced downward pressure suggests selling exhaustion.

• Bitcoin dominance trends: A declining BTC.D can signal capital rotation into altcoins like XRP.

• Accumulation phase confirmation: Persistent range-bound price action aligns with Wyckoff principles.

If these signals hold, XRP could experience a breakout similar to past bullish cycles, with upward momentum accelerating once market confidence returns.

Potential Upside Targets

Traders monitoring XRP for a Q4 rally often refer to historical price levels and Fibonacci extensions for potential targets. Should XRP break above its current resistance levels, initial targets could align with previous swing highs around $2.50–$2.60, with secondary targets near $2.70–$2.80.

Long-term technical enthusiasts may also watch for momentum continuation toward higher distribution zones, echoing the asset’s 2017 trajectory. However, the pace of any rally will depend on broader market sentiment, institutional flows, and Bitcoin’s performance relative to altcoins.

Conclusion: XRP Could Replay 2017’s Bullish Run

XRP’s current market behavior indicates a critical accumulation phase, with technical structures suggesting that a Q4 breakout is possible. The combination of strong support, declining selling pressure, and favorable Bitcoin dominance trends mirrors conditions observed before the altcoin’s 2017 parabolic rally.

While short-term challenges like the recent dip below $1.90 introduce caution, the broader technical setup points toward a potentially bullish Q4 for XRP. Investors and traders monitoring support levels, Fibonacci thresholds, and market breadth may find opportunities if history repeats itself and the altcoin transitions into a new upward cycle.

With Wyckoff accumulation in motion and Bitcoin dominance favoring altcoins, XRP could be on the verge of one of its most significant rallies since the 2017 bull market, offering both near-term trading opportunities and potential longer-term gains for disciplined investors.

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