A trader believes XRP is showing price patterns similar to those before its 1200% rally in 2017, hinting at a potential comeback.
DonAlt suggested that XRP might be entering a phase similar to the one before its historic surge, indicating a potential retest of all-time highs.
XRP is currently trading around $2.60 with steady momentum after breaking out, possibly setting the stage for a renewed bull run, contingent on broader market conditions.
While DonAlt is optimistic about XRP's potential, he acknowledges that the current macro conditions are different from 2017; he sees the current situation as 'Round 2' and anticipates the SEC's approval of a spot XRP ETF to further boost demand.