XRP Tracks 2017 Pattern As Price Eyes $6.618 Target in Phase 4

XRP moves through four long phases that mirror the earlier cycle and form a familiar structure.

The chart shows the Phase 4 building above support while the price holds near the prior all-time high zone.

Key targets sit at 2.00 and 6.618, with a larger target at 21.5 that aligns with the long rising trend.

XRP enters a new stage of its long market cycle as the chart shows a repeat of the structure that formed during the 2014 to 2017 period. The price sits near the prior all-time high line and remains inside a pattern built through four major phases. The current structure signals that XRP may retest the zone near $2.00 before traders evaluate the next target at $6.618.

Multi-Year Phases Form a Repeated Structure

The image shows XRP forming four clear phases that stretch across several years. Phase 1 appears as an early expansion move that lifts the price away from a long base. Phase 2 then builds as an extended compression zone that narrows toward a long wedge. Phase 3 takes shape as a tighter squeeze that holds above rising support.

The pattern shown on the chart repeats the exact structure that formed during the 2014 to 2017 cycle. During that cycle, the price broke Phase 3 near the end of 2017 and entered a rapid expansion phase. That move carried the market directly into the strongest rally within that cycle. The current market shows XRP sitting at the same point relative to the rising trend.

The chart indicates that traders are watching the earlier cycle because it offers a direct model for the present structure. XRP sits near the point where the prior cycle lifted above both trend lines and pushed toward the target shown for Phase 4. This creates interest among market participants who track historical price behavior.

Key Levels Shape the Phase 4 Outlook

The chart marks several clear levels for the current stage. The $2.00 area appears as the first target above the Phase 3 break. The $6.618 level is shown as the next major objective inside Phase 4. The chart also displays a larger target zone at $21.5 that aligns with the highest extension of the long structure.

The long rising trend line continues to hold as support across the entire chart. Price has respected this trend since 2017. Traders often monitor long support lines because they reveal how strong hands behave during multi-year cycles. The image shows that XRP remains above the trend during every contraction and expansion.

This framework forms the basis for the Phase 4 thesis shown in the chart. The key question is whether XRP can maintain structure above the prior all-time high and reach the targets marked for the upper phase.

Market Reaction Builds as Structure Tightens

The image shows that Phase 3 closed after several years of sideways action. That move ended when the price accelerated into the current zone near the $2.00 line. Volume expanded during that breakout, which signals active participation. The transition into Phase 4 now depends on sustained support above the prior ceiling.

The mapped targets on the chart gain attention due to the clear symmetry between both cycles. Traders who study long-term formations often look for exact price reactions along trend lines and breakout zones. The present setup offers that structure across more than ten years of data.