According to an analysis by Sistine Research, Ripple (XRP) could be on the verge of a major breakout — one that could take the XRP price all the way to $33, or even higher. Their latest chart draws a comparison between XRP’s historical pattern in 2017 and what it’s doing right now.
Back in 2017, XRP exploded out of a large symmetrical triangle pattern, triggering one of the most memorable bull runs in its history. That move came after roughly 1,180 days of consolidation. Now, fast forward to 2024, and the story feels familiar — except this time, the triangle has taken around 2,500 days to form. Sistine Research notes that despite the longer timeframe, the structure is strikingly similar.
After both breakouts, XRP went through a “cooling-off” phase — marked by consolidation or a retest of previous resistance zones. In 2017, this lasted about 322 days. The current consolidation, following the breakout from the larger triangle, has been ongoing for over 670 days. If history repeats (or even rhymes), XRP could be getting ready for another explosive move.
What you'll learn 👉
Ripple Price Chart: Cup and Handle Signal?
One of the most bullish signals on the chart is what Sistine Research calls a massive “cup and handle” pattern — a classic bullish setup in technical analysis. The “cup” is the long rounded base XRP has formed over the years, and the “handle” is the recent price chop post-breakout. If this formation completes, the Ripple price could take off just like it did in late 2017.
According to Sistine Research, the conservative price target based on the triangle breakout lands somewhere between $33 and $50. That range is marked in green on their chart — and they believe it could act as the first major magnet for bullish traders if the current support holds.
But if the full “cup and handle” plays out, XRP could go even further. Their aggressive target? Somewhere between $77 and $100. That might sound far-fetched, but it’s based on a logarithmic projection similar to the last rally. Essentially, the idea is that if the scale of the pattern has grown, so could the scale of the price move.
Read Also: How Much Could $2,000 in Ripple (XRP) Be Worth at the Peak of the Bull Run?
Is XRP Ready for the Next Move?
Right now, XRP is trading just above the breakout zone. That zone — marked in red — used to act as resistance, but it may now flip into strong support. If that happens, and the bulls take over, the chart suggests a vertical rally could follow.
This isn’t just a hopeful price prediction. Sistine Research makes the case that this setup is grounded in macro symmetry, historical fractals, and clear technical signals. In other words, XRP isn’t just moving randomly — it’s potentially following a well-established playbook from its own past, just at a larger scale.
Whether XRP hits $33 or shoots even higher, the current setup is one of the most bullish the asset has seen in years. And if history decides to repeat itself again, Ripple could be one of the most talked-about names in the next leg of the crypto bull market.
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