XRP News Today: XRP Surges 3% to $2.96 as Analyst Predicts 2017-like Bull Run

JD, a prominent XRP analyst, has recently highlighted a potential bullish breakout for XRP, drawing parallels to the digital asset's significant price surge in 2017. JD, known for accurately predicting XRP’s $0.28 bottom, has identified a large-scale symmetrical triangle pattern that XRP has been forming for several years. According to his analysis, XRP has broken out of this long-term resistance, successfully retested the breakout level, and is currently consolidating in a bullish flag formation. This pattern closely resembles the one that preceded XRP’s surge from under $0.01 to over $3 during the 2017 bull run.

JD emphasizes that his predictions are based purely on technical structure rather than speculative news or utility hype. He believes that the fractal resemblance and the breakout confirmation indicate that XRP is preparing for another significant upward move. JD's confidence in his analysis is bolstered by the fact that his previous calls have been among the most accurate in the space. He has called the $0.28 bottom and is now preparing to call the market top with similar precision.

As of the report time, XRP is trading at $2.96, marking a strong recovery and breakout above key resistance levels near $2.85. The surge has been supported by robust trading volume, suggesting both retail and institutional interest are growing. Market analysts have also highlighted XRP’s bullish price action, citing potential upside targets in the near term. The chart further supports JD’s analysis, showing a confirmed hidden bullish divergence, a strong signal that suggests a continuation of the trend. This signal has historically preceded strong uptrends and is now appearing on XRP’s 2-week chart, the same timeframe that confirmed the 2017 rally.

Beyond the charts, XRP’s fundamentals and macro environment appear equally supportive. Data shows rising whale accumulation and increased network activity, signaling growing confidence in XRP’s long-term utility. Meanwhile, Ripple’s pursuit of a U.S. banking charter and renewed optimism around potential XRP ETFs are improving sentiment and institutional exposure. From a macroeconomic perspective, a weakening U.S. dollar and rising expectations for Federal Reserve rate cuts are creating favorable conditions for digital assets. XRP, in particular, is benefiting from this shift as investors move into high-upside altcoins with real-world applications.

JD’s track record and the striking technical similarities to 2017 make his latest analysis hard to ignore. With XRP now above critical resistance and flashing multiple bullish signals, both technically and fundamentally, the conditions appear ripe for a major breakout. If history repeats, or even rhymes, XRP may not just be gearing up for a rally. It could be entering a phase of exponential growth. And if JD’s timing is as precise as before, the top he’s preparing to call may come sooner, and higher than many expect.