After trading sideways for the past few months, XRP might finally be ready for a major breakout — at least that’s what crypto analyst Mikybull Crypto believes.
In a recent tweet, Mikybull compared XRP’s current movement to its historic rally in 2017, suggesting the token could be on the verge of another 500%+ surge, potentially pushing its price as high as $14.
Mikybull shared a three-week XRP price chart showing two strikingly similar timeframes, one from 2017, when XRP skyrocketed to its then all-time high of $3.38, and the other from 2025, where the coin seems to be repeating the same triangle consolidation pattern.
In 2017, XRP moved sideways for months before exploding 1,300% in just a few weeks.. If XRP follows the same path, we could see a breakout toward $14, which would mark an impressive rally from its current price of around $2.19.
Interestingly, this pattern is forming while Ripple’s legal battle with the SEC remains in a critical stage. The case, which has dragged on since 2020, is now in a temporary pause until August 15.
Both Ripple and the SEC have submitted a revised settlement motion, but the district court has yet to approve it. As the case ends in Ripple’s favor, it could unlock the next major rally.
Fueling the bullish outlook further, data from Santiment shows a massive spike in XRP’s on-chain activity. Daily active addresses have surged to 295,000, a 7x jump from the three-month average of just 40,000.
Meanwhile, whale accumulation has hit a record high, with over 2,700 wallets now holding at least 1 million XRP — the highest in the token’s 12+ year history.
On the other hand, trading volume also jumped 157% to $5.26 billion, indicating rising investor interest.
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