XRP Now Repeating the Same Structure That Led to the Late 2024 Rally

TheCryptoBasic
XRP-1,33%
BTC-2,37%

XRP now appears to be forming another hidden bullish divergence, the same pattern that led to the November 2024 and early 2017 rallies

The crypto market remains at the mercy of the bears, with Bitcoin (BTC) still trading below $70,000 and the global crypto market cap nursing around $2 trillion in losses since the peak of $4.27 trillion last October. This turbulence has impacted XRP’s price as well, leading to a 62% crash from the $3.66 all-time high in July 2025.

Despite the worrisome performance, market data shows that XRP may now be forming another hidden bullish divergence (HBD) on the weekly chart. For context, this pattern played out before XRP’s explosive 82,650% rally in 2017/2018 and also emerged before the more modest 1,162% increase in 2024/2025.

Key Points

  • XRP has now dropped 62% from its $3.66 all-time high in July 2025 as the global crypto market cap loses nearly $2 trillion from its October 2025 peak.
  • Despite the ongoing turbulence, market data suggests that XRP may now be forming another hidden bullish divergence on the weekly chart.
  • A hidden bullish divergence occurs when the price of an asset makes a higher low, but an indicator (like RSI or MACD) makes a lower low.
  • The last two times this pattern played out, XRP went on to record considerable spikes in value, including an 82,650% rise in 2017/2018 and a 1,162% increase in 2024/2025.
  • This time, the hidden bullish divergence may have formed with an initial low of $0.38 and a higher low at the recent $1.11 floor.

XRP’s Current Market Situation

At the current price, XRP is down 24.8% this year, building on the more modest 11.51% decline last year. The crypto asset still trades at a 15-month low despite recovering sharply from an earlier crash to a floor of $1.11 on the back of the Feb. 5 market collapse.

XRP Forming a Hidden Bullish Divergence

Interestingly, Guy on the Earth believes this $1.11 floor price may have helped form the latest Hidden Bullish Divergence on the weekly chart. For the uninitiated, this pattern emerges when the asset price sees higher lows while a momentum indicator such as the RSI sees lower lows.

In this case, XRP has been on an upward trend on the weekly chart since mid-2025, when it recovered from a low below $0.5. Specifically, this low emerged at $0.3834 in July 2024. At the time the price witnessed this local bottom, the weekly Relative Strength Index (RSI) stood at 33.18

XRP Hidden Bullish DivergenceXRP Hidden Bullish DivergenceNineteen months later, XRP has now formed a higher low at the $1.11 floor that emerged on Feb. 6. However, this higher low on the price coincided with a lower low of 30.68 on the RSI indicator, forming the recent Hidden Bullish Divergence.

What Does This Mean for XRP?

Notably, a Hidden Bullish Divergence typically occurs during a broader uptrend and indicates that the upward trend may continue after what appears to be market weakness. “Guy on the Earth” believes the ongoing consolidation from XRP’s all-time high may be preparing the stage for another upward push.

However, the market analyst admitted that this pattern does not automatically suggest that XRP has recorded its bottom at the $1.11 floor, as there remains the possibility of a drop to a lower low, especially with the ongoing downtrend showing no signs of slowing down.

Nonetheless, “Guy on the Earth” noted that what the pattern does indicate is that whenever XRP bottoms, whether at the $1.11 floor or at a lower low sometime in the future, a bullish price expansion could emerge if the Hidden Bullish Divergence structure continues to play out on the weekly timeframe.

Previous Patterns Led to XRP Price Surges

The analyst based this conclusion on historical data. Specifically, the last two times the pattern played out, XRP surged years later. For instance, a Hidden Bullish Divergence emerged when XRP saw a higher low of $0.0042 in November 2015, while the RSI saw a lower low of 32.76. Two years later, XRP soared to $3.3 by January 2018, an 82,650% rise from the $0.0042 low.

2014 to 2016 HBD2014 to 2016 HBDIn the second instance, the XRP price saw a higher low of $0.29 in June 2022, while the RSI witnessed a lower low of 28.08. What followed was the run to $3.66 by July 2025, a 1,162% increase from the $0.29 low three years later. If the delay also materializes, XRP may not see such substantial gains until years later.

2020 to 2022 HBD2020 to 2022 HBD

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