$XRP is showing signs of a major bullish trend according to the latest chart shared by crypto analyst XRP Captain (@UniverseTwenty). The chart projects a $840 price target before the end of the year. This highlights a fractal pattern reminiscent of XRP’s 2017 performance.

💥Weekly XRP Chart Analysis

The chart uses weekly candlesticks to display XRP’s price history from 2021 through 2026. After a prolonged period of consolidation between 2021 and 2024, XRP experienced a sharp breakout at the end of the year.

It rose by 500% shortly after the 2024 U.S. election, hitting levels not seen since 2018. The pattern then formed a series of higher highs and higher lows, signaling sustained upward momentum. The most recent data suggests another surge is coming.

The logarithmic scale on the chart emphasizes the magnitude of the potential move. XRP’s current price sits around $1.36, with the chart indicating that if this trajectory holds, a climb to $840 could occur within the year. The fractal similarity to 2017 suggests that past patterns may be repeating, creating strong technical alignment for traders.

💥Bullish Momentum Indicators

The weekly chart highlights a compressed price range in the early part of the current cycle. XRP Captain notes the fractal resemblance to 2017, implying a structured pattern that favors sharp upward movement. The combination of consolidation followed by expansion aligns with a textbook bullish continuation scenario.

The projected $840 level represents a significant increase from current prices, reflecting a potential rally of more than 60,000% if the pattern completes. Traders watching these signals may interpret the chart as an opportunity to enter or increase positions ahead of the expected move.

💥Market Context for XRP

XRP’s performance over the past year has shown periods of both consolidation and rapid price expansion. The 2024 breakout created a clear support structure that could serve as a foundation for the next wave. The fractal comparison to 2017 emphasizes that similar market dynamics could be at play, including increased liquidity and heightened trading volume.

Investor sentiment appears aligned with this potential trajectory. The chart’s vertical rise indicates a sharp acceleration phase, which historically accompanies significant adoption or market catalysts. XRP Captain’s post highlights the high probability of the scenario, suggesting that momentum could sustain the move toward the $840 target.

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