Analyst Says XRP Price Discovery Is Coming Soon. Here’s why

Galaxy (@galaxyBTC), a pseudonymous crypto analyst, has recently shared a chart suggesting that XRP is approaching another price discovery phase. XRP has been moving in a pattern that mirrors its 2017 breakout, but at a more gradual pace. The chart, plotted on a three-day timeframe, highlights two major horizontal levels. The first is set at approximately $0.0638, a price that acted as the cryptocurrency’s peak in 2014 and later as a springboard for its sharp 2017 rise. The second is at $3.2913, which sits just below the previous all-time high of $3.36 reached in January 2018. Galaxy noted that the current market structure resembles the lead-up to the 2018 peak. But with what he described as a “more organic” climb. He suggested that price discovery could follow if the asset moves convincingly beyond this upper boundary. $XRP looks like 2017 only this time moving more slowly and organic. Price discovery soon. pic.twitter.com/9ZnHeZmQNL — Galaxy (@galaxyBTC) August 11, 2025 XRP Historical Context and Price Projection In 2017, XRP’s rally from $0.0638 to $3.36 represented an extraordinary gain. The increase amounted to approximately 5,166% throughout that move. At the time of Galaxy’s analysis, XRP traded at $3.2775, and applying the same percentage gain would send the asset to $172.6, well above the $100 target that some analysts have projected. While this figure is purely a mathematical projection and not a forecast, it illustrates the scale of XRP’s historical growth and the potential scope of movement should similar market dynamics reappear. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 XRP Key Level in Focus On the three-day timeframe, the $3.2913 mark now serves as the immediate point of interest for traders and investors monitoring XRP’s long-term chart. A confirmed breakout above this level could place the asset in uncharted territory, removing historical resistance levels from the chart. XRP hit a new all-time high of $3.65 in July, and experts believe it still has momentum to continue growing. $3.2913 is a crucial jump-off point for the digital asset, and a sustained rise above this level could open the door for unprecedented price targets. However, failure to hold above this threshold could extend the current consolidation phase , as occurred in past cycles. Galaxy’s observation that the move is developing more slowly than in 2017 is also crucial. This steadier approach has so far kept the price advancing without the rapid surges and equally rapid reversals that characterized its earlier rally, and it could lead to more sustained rallies and new benchmarks for XRP. 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 advised to conduct thorough 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 X , Facebook , Telegram , and Google News The post Analyst Says XRP Price Discovery Is Coming Soon. Here’s why appeared first on Times Tabloid .

Source: TimesTabloid