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Altcoins & DeFi

XRP Has Fallen More Than 70% Five Times as Historical Cycles Still Put $27 in Focus

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XRP analyst ChartNerd has shared a long-term chart showing how XRP performed during previous market cycles, noting that these movements offer clues about its next major rally. This came in a post on X, where he encouraged investors to look at the bigger picture. Specifically, he said, “Zoom out on XRP.” The chart highlights XRP’s previous rallies and declines, along with Fibonacci levels suggesting the asset could rise above $8 in the long term. ChartNerd’s chart tracks XRP’s price movements from 2014 through 2026, highlighting three major bullish phases and their subsequent corrections. The first major rally occurred between 2017 and 2018, recording an extraordinary gain of 111,098%. However, XRP subsequently experienced a 96.66% correction before beginning another major upward move.

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