XRP reclaims bullish trend as 2017 rally pattern returns

- XRP Approaching Major Breakout Point After 6 Years of Consolidation - Macro Liquidity and Ripple’s Global Expansion Increase Uptrend Possibility [Unblock Media] After nearly six years of horizontal trading, XRP appears to be showing a breakout pattern reminiscent of its 2017 rally. Some analysts see this as the beginning of a significant upward movement. @Crypto_Barbie emphasized in a viral post that "the longer the consolidation period, the larger the price movement," explaining the similarities. XRP has been trading within a compressed range since the market peak in 2018, but recent price activity and macroeconomic conditions are reigniting optimism. The consolidation phase is a period of reduced price volatility and decreased trading volume, testing investors' patience. Market analyst Mark V stated, "Initial optimism turns into skepticism, then into indifference, but interest surges again as a breakout nears." For XRP, this emotional curve is now reaching a turning point. On-chain data shows that selling pressure is decreasing, and long-term holders are accumulating. Historically, such conditions, combined with macroeconomic catalysts, have signaled strong directional movements. In 2017, XRP surged from below $0.01 to over $3 within a few months. At that time, the main drivers were the ICO boom and demand from the Asian market. The current situation differs in the following ways: Then: Retail-driven, minimal regulation, demand led by Japan/Korea Now: Institutional funds via ETFs, clear U.S. regulation, global remittance partnerships The common factors are a prolonged consolidation period, psychological resistance around the $1.00 level, and a narrative of history repeating itself. Macro conditions are also supporting XRP’s price: Liquidity Rebound: The U.S. M2 money supply has turned around, reaching its highest level since 2022, which generally signals positively for risk assets. Interest Rate Outlook: While the Federal Reserve has not yet cut rates, real interest rates are declining, promoting the movement of funds to growth and alternative assets. Ripple Expansion: Ripple, the company supporting XRP, is expanding its global payment network, including partnerships with Japan’s SBI Holdings and MENA firm Pyypl, increasing actual use and token demand. These combined structural and psychological factors are bringing XRP to a turning point. It remains uncertain whether a rally similar to 2017 will occur this time, but the patterns, sentiment, and conditions are being shaped similarly.