{"id":120266,"date":"2025-12-14T01:00:06","date_gmt":"2025-12-14T01:00:06","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=120266"},"modified":"2025-12-14T01:00:06","modified_gmt":"2025-12-14T01:00:06","slug":"xrp-mirrors-2016-trend-that-led-to-69-crash-before-110000-rally","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=120266","title":{"rendered":"XRP Mirrors 2016 Trend That Led To 69% Crash Before 110,000% Rally"},"content":{"rendered":"

XRP has struggled to create <\/a>any upside traction over the past few days, with the price rejecting above $2.15 in the middle of the week and now back to lingering just above the $2 level.<\/a>\u00a0<\/p>\n

A new long-term technical comparison shared by crypto analyst ChartNerd places XRP\u2019s price behavior since its July all-time high of $3.65 into an interesting context, implying that what XRP is doing now resembles a phase from its 2016 market cycle that points to an incoming huge rally.<\/p>\n

Repeating 2016 Rejection And ABC Crash Structure<\/h2>\n

According to crypto analyst ChartNerd, XRP\u2019s current structure<\/a> matches a similar price action that unfolded in late 2016. when price rejected an accumulation supply block and rolled into an ABC corrective move. That correction ultimately produced a 69% flash-wick decline that extended into the first quarter of 2017.\u00a0<\/p>\n

The drop was severe and unfolded over several months, eventually pushing XRP to as low as $0.00240, but it eventually represented the end of the correction rather than the end of the bullish cycle.<\/p>\n

The chart accompanying the analysis, which is shown below, highlights a similar rejection pattern forming now<\/a>. This pattern is based on how the XRP price rejected at its most recent all-time high in July. Since then, the monthly price chart has been printing consecutive red candles, with monthly closes consistently below opens.<\/p>\n

At the time of writing, XRP is about a 44% correction from this all-time high. This means a 69% correction is yet to play out in its entirety. Therefore, if history repeats, a full 69% ABC-style move from the all-time high would drag XRP back below $1 and as low as $0.8. This move is expected to play out into the first quarter of 2026.<\/p>\n\n

XRP Price Chart. Source: @ChartNerdTA<\/a><\/p>\n

Potential Drop Could Be A Set-Up For A Much Larger Rally<\/h2>\n

XRP is currently trading at $2.04. Therefore, a deeper pullback below $1 will translate to a 51% decrease from the current price action. The idea of a deeper pullback from $2 is tough to imagine, especially given the inflows<\/a> into Spot XRP ETFs. In fact, a pullback of that magnitude could test conviction across the market and cause many bullish traders<\/a> to step aside.<\/p>\n

However, the technical analysis frames it as a structural reset rather than anything else. In 2017, the post-crash consolidation laid the groundwork for one of XRP\u2019s most explosive rallies on record, ultimately delivering gains in excess of 110,000%.<\/p>\n

If this sequence plays out as expected, then the real bullish opportunity would develop later in 2026. From that reset zone, the chart projects a long-term advance to the 1.618 Fibonacci extension, placing a potential upside target around $27. The visual projection in the chart above shows a clean multi-month expansion zone that delivers a 2,300% gain after the corrective phase.\u00a0<\/p>\n

Featured image from Unsplash, chart from TradingView<\/em><\/p>","protected":false},"excerpt":{"rendered":"

XRP has struggled to create any upside traction over the past few days, with the price rejecting above $2.15 in the middle of the week and now back to lingering just above the $2 level.\u00a0 A new long-term technical comparison shared by crypto analyst ChartNerd places XRP\u2019s price behavior since its July all-time high of […]<\/p>\n","protected":false},"author":0,"featured_media":120267,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-120266","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/120266"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=120266"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/120266\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/120267"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=120266"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=120266"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=120266"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}