Last Time XRP Was This 'Anti-Volatile' It Went on 915-Day Sideways Drift
XRP experiences low volatility, reminiscent of its 915-day sideways drift.
U.Today1 min read
XRP Flashes Historic Rally Signal, Fueling $12 Price Speculation
TL;DR
XRP has reached a critical lower trendline for the third time in its history, sparking speculation of a potential price surge similar to the 65,900% increase seen in 2017. Analysts are closely monitoring this pattern as it could indicate a significant price movement.
Key points
- XRP surged 65,900% after last touching the trendline in 2017
- The token is currently at a critical lower trendline
- Market analyst Mikkybull highlights a multi-year ascending channel
A 65,900% price surge. That’s what followed the last time XRP touched the trendline it’s sitting on right now — back in 2017, when the token was trading at less than a penny.
Pattern Repeats At Key Support
Market analyst Mikkybull flagged the development this week, pointing to a multi-year ascending parallel channel that has shaped XRP’s price movement since its early days.
The channel has three trendlines running in parallel — lower, middle, and upper. XRP has now dropped to the lower trendline for only the third time in its history, a level Mikkybull describes as critical because of what has followed each of the previous two touches.
The first came in February 2017, when XRP fell to $0.0050. Within roughly a year, the price climbed to $3.31 — a rise of over 65,000%.
The second retest happened in November 2024, when XRP slid toward $0.50. From there, the token rallied to $3.40 by January 2025, a gain of about 500% in three months. Reports indicate that rally was partly driven by optimism surrounding US President Donald Trump’s election victory.
$XRP is on a critical level that usually triggers a strong rebound
Probably going to $12 the midpoint value pic.twitter.com/scRH3GqAxs
— MikybullCrypto (@MikybullCrypto) May 7, 2026
Now XRP sits at approximately $1.38, having slipped from a recent high of $1.4567 following a broader market pullback. Bitcoin, which had briefly reclaimed $82,000, pulled back to around $79,700 in the same period. Altcoins followed.
$12 Target Emerges From Channel Math
Based on Mikkybull’s chart analysis, a recovery from the current level could send XRP toward $12 — a figure that represents the midpoint value within the ascending channel.
Q&A
What is the significance of XRP touching the lower trendline?
Touching the lower trendline is significant as it has historically preceded massive price surges, including a 65,900% increase in 2017.
How much did XRP price increase after the last touch of the trendline?
After the last touch of the trendline in 2017, XRP's price increased from $0.0050 to $3.31 within a year.
What are the current price predictions for XRP?
Current speculation suggests that XRP could potentially reach $12 if the historical price movement pattern repeats.
