Is XRP the Next Bitcoin? Analyst Says Ripple Price Action Matches BTC’s 2017 Surge

Based on new XRP news, a crypto analysis has suggested that XRP is repeating Bitcoin’s macro movements. This analyst’s XRP price prediction is based on a multi-year comparison between XRP and Bitcoin price action. Their analysis also gives us a projection for an XRP price surge to $71. This projection might seem very bullish at the moment as XRP is trading near 2.15. However, this was also the case for Bitcoin, as, at first, nobody believed it could even trade for a dollar.  

Will XRP Price Surge Like Bitcoin Did in 2017?

A crypto analyst named RizeSenpai, who provides crypto analysis on TradingView, has provided this bold XRP price prediction. This projection for a surge from the current $2.15 to $71 equals 3,281% of the price appreciation. However, the analysis that this crypto expert has provided is a detailed and interesting comparison. Their argument is based on the Bitcoin price action between 2015 and 2017, which was a multi-year accumulation phase. This accumulation period eventually led to a price breakout in the case of BTC. As per analysis, the price action of XRP from 2014 till now is very similar to Bitcoin in that period.

Is XRP Following Bitcoin’s Legendary 5,000% Surge Pattern?

Based on this analyst’s research, XRP is going through the same process but at a much slower rate. A similar pattern could be the prolonged period of consolidation between the two tokens. Bitcoin saw a consolidation period between 2013 and 2016, and XRP also was consolidating between 2017 and 2022. Bitcoin saw a 5,424% surge after 3 years of consolidation; however, XRP has seen 6 years. As such, this crypto analyst has also used Bitcoin’s movement after the consolidation period to predict future XRP price surges.

Chart 1 – Provided by RizeSenpai, published on TradingView, April 15, 2025

Based on Chart 1, we can see that the Bitcoin price surged to 1.618 Fib, which is $61,800. As such, the analyst highlighted the XRP 1.618 Fib level as the next rally target. This level, which is between $27 and  $30, can be seen in Chart 1.  Additionally, we also see a second price rally for Bitcoin, which ends at 1.902 HOP, equaling $104,000. As such, the XRP token could also surge to the 1.902 HOP level, which is $71.

Is XRP on Track to Hit $71 or Higher in the Future?

However, XRP is still in the breakout range that Bitcoin experienced in its last market cycle. As such, if XRPtoken could recreate the 5,400% surge, it could even reach $120.94.This, however, needs an exact replication of the price action, which is highly improbable. Although we might not see a surge to $71 or $120, the overall trajectory of XRP is bullish like Bitcoin. Additionally, some technical indicators also support a bullish outlook for XRP. The Moving Average Convergence Divergence or MACD is showing a Hidden Bullish Divergence. This has historically signaled an uptrend or a continuation of an uptrend. 

Will XRP Follow Bitcoin’s Pattern to Explosive Growth?

With all that said, it is worth noting that, in general, the movement of altcoins has always been affected by Bitcoin. There are exceptions, like rallies, because of inter-blockchain developments like bullish XRP news, such as starting a rally. However, in general, Bitcoin determines the mood of the market. However, this analysis compares two similar patterns that are years apart. As such, there is hope that the XRP token will really go through explosive growth in the near future.