A recent analysis by the cryptocurrency analyst Charting Guy on X has drawn attention to XRP’s current market dynamics. 
The analyst <a href="https://x.com/chartingguy/status/1867445651199734023?s=46" rel="nofollow">suggests</a> that if XRP’s price movement continues to mirror its 2017 trajectory, the cryptocurrency might be on the cusp of a significant breakout. However, it may follow a brief period of consolidation. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 fyi, if <a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$XRP</a> does still continue to follow 2017, we likely continue to consolidate for another 2 weeks until Christmas time 
 then, we make our face melting move up for about a month until late January <a href="https://t.co/E9MH8ljNXG">pic.twitter.com/E9MH8ljNXG</a> 
 — Charting Guy (@ChartingGuy) <a href="https://twitter.com/ChartingGuy/status/1867445651199734023?ref_src=twsrc%5Etfw">December 13, 2024</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
<h2 id="b-analysis-overview-b">Analysis Overview</h2> 
Charting Guy highlighted that XRP might consolidate until Christmas. Following this, a dramatic upward movement, similar to the one observed in late 2017, could occur, lasting about a month until late January. This projection aligns with historical trends where XRP experienced sharp rallies after periods of accumulation and low volatility. 
This perspective is supported by the <a href="https://x.com/lindasilen22145/status/1867449568926765549?s=46" rel="nofollow">historical price chart</a> included in the discussion. The chart showcases key moments in XRP’s price history, including its massive rally in late 2017 and its similar, although shorter-lived, rally in early 2021. The ongoing consolidation period in late 2024 and early 2025 appears to fit the cyclical behavior seen in previous market cycles. 
<h2 id="b-community-commentary-b">Community Commentary</h2> 
Adding to the analysis, an X user, Bassi, provided further insight into how the timing of these potential movements could align with broader narratives. Bassi <a href="https://x.com/cryptobassii/status/1867447457396957589?s=46" rel="nofollow">speculated</a> that a rally around December 30 could be attributed to Christmas hype or <a href="https://timestabloid.com/ripple-cto-states-why-rlusd-wont-replace-xrp/">Ripple’s stable coin (RLUSD) </a>related developments. 
Furthermore, they projected January 20 as a potential peak, coinciding with the U.S. Presidential Inauguration Day. This date could mark a turning point for XRP, with the community likely labeling any subsequent downturn as a “sell the news” event. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 We are on twitter, follow us to connect with us :- <a href="https://twitter.com/TimesTabloid1?ref_src=twsrc%5Etfw">@TimesTabloid1</a> 
 — TimesTabloid (@TimesTabloid1) <a href="https://twitter.com/TimesTabloid1/status/1680250907504656385?ref_src=twsrc%5Etfw">July 15, 2023</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
<h2 id="b-factors-influencing-the-outlook-b">Factors Influencing the Outlook</h2> 
The discussion underscores several factors that could influence XRP’s price trajectory: 
Historical Patterns: XRP’s past rallies have often followed long periods of consolidation, suggesting that the current phase might precede significant price action. 
Market Sentiment: Speculative narratives, such as the holiday season or major institutional developments, often play a role in driving short-term price movements in the cryptocurrency market. 
Macro Events: Broader market conditions, including regulatory developments, macroeconomic trends, and Bitcoin’s price performance, are likely to have an indirect impact on XRP’s trajectory. 
Ripple Developments: Any updates from Ripple, such as progress in adoption or <a href="https://timestabloid.com/ripple-ceo-and-hedera-co-founder-discuss-future-partnership/">partnerships</a>, could also act as catalysts for price movements. 
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. 
Follow us on <a href="https://twitter.com/TimesTabloid1" rel="nofollow">Twitter</a>, <a href="https://www.facebook.com/timestabloid/" rel="nofollow">Facebook</a>, <a href="https://t.me/markettabloid" rel="nofollow">Telegram</a>, and <a href="https://news.google.com/publications/CAAqLAgKIiZDQklTRmdnTWFoSUtFSFJwYldWemRHRmliRzlwWkM1amIyMG9BQVAB?hl=en-US&amp;gl=US&amp;ceid=US%3Aen" rel="nofollow">Google News</a> 
The post <a href="https://timestabloid.com/expert-says-xrp-will-explode-if-this-continues-until-christmas-times/">Expert Says XRP Will Explode If This Continues Until Christmas Time</a> appeared first on <a href="https://timestabloid.com">Times Tabloid</a>.

Expert Says XRP Will Explode If This Continues Until Christmas Time

Table of Contents

Times Tabloid

Other articles published on Dec 15, 2024

3 Hidden Gem Altcoins Outperforming the Rest — Time to Invest Now?

Top 3 Low-Cap Altcoins to Watch This Winter That Could Overtake Ethereum’s Gains

BSCS Forges a Strategic Partnership with FlashX to Redefine Web3 Trading on Twitter

4 Tokens That Will Massively Outperform Altcoin King Ethereum (ETH) This Altseason

Rewardable Launches A New Staking Product to Stake and Earn $REWARD

Qubetics Leads as the Best Altcoin to Invest in Now Amid XRP’s Cross-Border Payment Surge and SUI...

Join our free newsletter for daily crypto updates!