XRP Reflects 2017 and 2020 Trends as 2,605-Day Formation Approaches Peak

XRP's Price Structure: XRP has formed two significant cycles characterized by repeated lows and false breakdowns, leading to strong upward movements, with a current projection of 16.39 based on historical patterns.

Long-Term Trends: The chart illustrates a 102-bar structure over 1,209 days and a second structure spanning 221 bars over 2,605 days, both showing clear lows and false breakdowns before rapid price increases.

Technical Projections: The 16.39 projection indicates a potential 2,880.96 percent increase, following previous breakout patterns after false breakdowns, suggesting a similar outcome for the current cycle.

Key Technical Question: The alignment of three long structures with similar characteristics raises a critical question for traders about whether XRP will complete its third long cycle with another significant upward movement.