There is a lot of discussion on social media around XRP's price because some technical analysts are claiming that the 2017 pattern is repeating. Currently, XRP is trading around $1.42, but there are some big hopes within the community.



An analyst named CryptoBull has said that if XRP's price action continues to follow a fractal similar to 2017, it could reach $10-$11 by the end of March. His chart shows a compression phase that could lead to a breakout. But another analyst, Remi Relief, has taken it even higher – their conservative target is between $1,200 and $1,700.

Of course, these numbers are extremely aggressive. $10 means roughly $610 billion market cap, while reaching $1,700 would be nearly $103 trillion. But all of this for XRP's price depends on a parabolic move similar to 2017. For now, most traders are just watching this setup and seeing what happens. The trend hasn't even started yet, so it's hard to say whether these targets are realistic or just the community's bullish mood.
XRP-2,58%
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