XRP has repeated the more than 60% price crash it witnessed in 2017, but historical data suggests what follows is a massive upsurge.
The XRP price has struggled over the past five months, recording steep declines alongside the rest of the crypto market. Amid the downtrend, XRP dropped to a floor price of $1.11 on Feb. 6, marking a 15-month low. Notably, this marked a 65% decline from the $3.4 high in January 2025.
Interestingly, market data now indicates that this 65% crash mirrored a similar 68% drop for the XRP price during the 2017/2018 cycle. However, what followed that drop was a 1,300% increase to $3.31 by January 2018. If XRP replicates the same response, its price could rebound to $18.
Key Points
- XRP has surrendered to the demands of the bears over the past five months, eventually dropping to $1.11 on Feb. 6 before recovering to $1.48.
- The decline to $1.11 represented a 65% crash from the January 2025 high of $3.4, and marked one of XRP’s largest losses in recent years.
- Market data now confirms that this recent crash mirrored a similar 68% drop recorded by XRP during the 2017/2018 bull cycle.
- Interestingly, following the 68% drop in 2017, XRP recovered after a few months, mounting a 1,300% rise to $3.31 by January 2018.
- If XRP continues to flow the 2017/2018 pattern, the next rebound effort could trigger similar gains, possibly pushing prices to $18.
XRP Following a Wave-like Pattern
This context was presented by CryptoBull, a prominent market analyst, as the market struggles to find a bottom. According to CryptoBull, XRP’s ongoing downtrend appears to be following a Wave-like structure, which began in November 2024.
Specifically, CryptoBull pointed out that Wave 1 played out when XRP soared from the $0.5 level in November 2024 to the high of $3.4 by January 2025 following Donald Trump’s victory in the U.S. election. This represented a 580% increase within three months and marked the end of Wave 1.
Meanwhile, Wave 2 began immediately as a pullback from the $3.4 high ensued. XRP spent most of 2025 battling this corrective phase, as Wave 2 extended for months. This wave has now slipped into the new year, with the downtrend pushing prices to $1.11 by Feb. 6. Notably, this low represented a 68% drop from the $3.4 high.
History Repeating?
As multiple analysts believe the ongoing downtrend may be nearing its end, CryptoBull expects the subsequent recovery push to take prices to $13. However, historical data suggests this rebound could actually go as high as $18, surpassing the $13 target. Specifically, data shows that XRP followed a similar Wave-like structure in the 2017/2018 cycle.

During this period, Wave 1 played out when XRP recovered from $0.005 to $0.3989 by May 2017. After this, Wave 2 brought a correction that lasted for six months, with XRP hitting a bottom of $0.1270 during the correction. Interestingly, this floor price represented a 68% decline from the $0.3989 high in May 2017, similar to the 65% decline in this cycle.
What followed after the Wave 2 correction in 2017 was a massive upsurge as a rebound effort emerged alongside Wave 3. This Wave 3 took prices to a peak of $3.31 by January 2018, representing a 1,300% increase from the $0.2350 price at the time the Wave 3 recovery began.
Could XRP Claim $18?
CryptoBull believes this cycle’s Wave 3 could deliver similar gains. While he suggested that XRP saw a 1,200% rise in 2017/2018 and may rise to $13, the upsurge was actually much higher, at 1,300%. Even if XRP replicated the 1,200% increase, prices could rise from current levels to the $18 mark.
However, it is important to note that previous successes do not guarantee future results. XRP’s prospects may look good at press time, but there is no guarantee that the $1.11 low marked the bottom. Also, the extent of XRP’s recovery from this downtrend remains uncertain.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.




