$XRP is currently trading around $0.50, but some analysts suggest this may be the final consolidation phase before a significant breakout. Market analyst Helkin Ashi, known as “LUDXRPFLR” on social platform X, has identified historical patterns in XRP’s price movements that indicate a massive surge may be imminent.

XRP’s Historical Patterns and Price Movements

Ashi highlights that XRP has a history of repeating patterns. For instance, following a peak in December 2013, XRP saw a substantial decline before rallying again in 2015. This pattern repeated in 2017 when XRP surged by approximately 70,000%, rising from $0.0055 to $3.84 within a year.

The analyst believes that XRP is currently at a similar critical point, mirroring the consolidation phases observed in 2015 and 2020. This suggests that another substantial rally could be on the horizon.

If XRP follows its previous patterns, Ashi predicts the next breakout could be as intense as the rally seen in 2017-2018. He projects a mid-term peak of over $16 for XRP. However, in a more optimistic scenario, the asset could surge as high as $305, representing a staggering 57,155% increase from its current price of $0.5327.

According to Ashi’s analysis, this final phase of consolidation could mark the beginning of an extraordinary rise for XRP.

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