XRP (XRP) has surged more than 350% against Bitcoin (BTC) since Donald Trump’s victory in the US presidential election last November.
The XRP/BTC pair shows striking similarities to the 2017 bull market, suggesting that an explosive rally is likely in the coming months if this fractal occurs once again.
Additionally, technical indicators and new fundamentals suggest the pair is likely to double in value by March.
In January, XRP price rose 32% compared to Bitcoin.
XRP/BTC rose nearly 32% in January 2025, crossing key resistance levels and entering overbought territory based on the Relative Strength Index (RSI). The last time XRP/BTC saw these RSI levels was in early 2017, shortly before the 2,500% rally.
XRP/BTC 3 week price chart. Source: TradingView
When RSI goes above 70, a period of market consolidation or correction usually begins. However, in some cases, strong market fundamentals can push prices even higher.
In 2017, RSI crossed the overbought threshold of 70, but this did not immediately lead to a sideways move or correction. The widespread euphoria driven by the initial coin offering (ICO) boom has helped XRP sustain a 2,500% rally against Bitcoin.
The fundamentals of XRP in 2025 could repeat 2017.
In 2025, the fundamentals are slightly different, but I still prefer XRP.
For example, a potential resolution of the ongoing SEC v. Ripple lawsuit under the Trump administration could pave the way for the approval and launch of an XRP exchange-traded fund (ETF) in the United States.
relevant: ChatGPT said that if a spot ETF is approved, an XRP price of $10-$50 is ‘feasible’.
Analysts at JPMorgan predict that these ETFs could bring in capital inflows of $4 billion to $8 billion. Meanwhile, Ripple announced the launch of RLUSD, a stablecoin aimed at improving liquidity within the XRPL ecosystem adding utility to XRP.
source: Polymarket
These strong fundamentals could pave the way for XRP/BTC to continue rising in the coming weeks, even if it becomes “overbought.”
XRP price technology suggests 100% profit
In this bullish scenario, the next upside target is likely to be the 0.236 Fibonacci retracement line, which coincides with the 6,471 satoshi level (1 satoshi = 0.00000001 BTC). This represents an increase of approximately 100% at current price levels.
XRP/BTC 3-week price performance chart. Source: TradingView
XRP/BTC also broke above its eight-year dominant symmetrical triangle pattern, reinforcing the bullish outlook presented by the 2017 fractal and accompanying fundamentals.
Conversely, if XRP is unable to break above the general resistance area defined by the red 1,950-3,550 satoshi range in the chart above, the bullish setup discussed above could be invalidated.
This article does not contain investment advice or recommendations. All investment and trading activities involve risk and readers should conduct their own research when making any decisions.