XRP Eyes 100% Rally Against Bitcoin by March, 2017 Playbook Cited

• The price of XRP is gaining significantly in correlation with the Bitcoin uptrend.
• Several factors align to favor XRP including RLUSD and potential ETF launch. 

Since Donald Trump’s US presidential election win in November, the price of XRP has increased by over 350% against Bitcoin. The XRP/BTC pair exhibits similarities to the 2017 bull market, indicating a possible explosive rally in the coming months.

XRP Breaks Key Resistance Amid Bitcoin Boom

Moreover, emerging fundamentals and technical indicators suggest that the pair could double in value by March. The XRP/BTC pair has surged almost 32% since the start of this month. According to the Relative Strength Index (RSI), the pair has surpassed key resistance levels and entered the overbought zone.

This performance resembles a similar occurrence in early 2017, before a 2,500% rally. An RSI above 70 typically signals an upcoming market consolidation or correction phase. Nevertheless, in some situations, robust market fundamentals can drive prices upward. This scenario occurred in 2017 when the RSI rose above 70 without immediately resulting in consolidation or correction.

The market saw a boom in Initial Coin Offerings (ICOs) at the time, which helped XRP sustain its climb of 2,500% against Bitcoin. The fundamentals in 2025 are quite different, but they still favor XRP’s potential.

For example, the potential conclusion of the Ripple vs. SEC case under Donald Trump’s new administration ushers in several possibilities for XRP. Under a new SEC chairman, an XRP Exchange-Traded Fund (ETF) could be approved. As detailed in our earlier piece, if approved, JPMorgan claims an XRP ETF could see inflows reaching between $4 and $8 billion in the first year.

In addition to the potential XRP ETF, Ripple recently introduced its stablecoin, RLUSD, as CNF discussed earlier. This stablecoin, backed by the New York Department of Financial Services (NYDFS), seeks to improve liquidity within the XRPL ecosystem. As XRPL’s functionality improves, the utility of XRP is also expected to expand.

These strong fundamentals cause XRP/BTC to rally in the coming weeks, even if it becomes “overbought.”

What Technical Analysis Reveals

Currently, XRP is trading at $3.2, up by over 40% within the last seven days. Technical analysis shows the next upward target in the ongoing bullish scenario is around the 0.236 Fibonacci retracement line. 

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This aligns with the 6,471 satoshi level (1 satoshi = 0.00000001 BTC). This movement represents a 100% rally based on the current price levels.

XRP/BTC has also broken out of a prevailing eight-year symmetrical triangle pattern to the upside. This move supports the bullish outlook presented by its 2017 curve and accompanying fundamentals. However, XRP’s failure to surpass its dominant resistance zone could invalidate the bullish setup.

Nevertheless, market analysts have raised optimistic forecasts for XRP. In a recent study, CNF reported that some suggested the price could climb to $5.44 in the first quarter of 2025. Others have forecasted that the price could surge as high as $9 this year.