XRP analysts are now talking about seeing explosive growth patterns similar to 2017. Several market commentators are pointing out that the current XRP price movement resembles the fractal structure from back then.

CryptoBull, an analyst, says XRP could reach $10 to $11 by the end of March. Then, another analyst, Remi Relief, makes an even bolder prediction, suggesting it could go as high as four digits, from $1,200 to $1,700. A $1,700 price would imply a market cap of $103.7 trillion.

Currently, XRP is trading around $1.44, with a circulating market cap of approximately $88.72 billion. Like in 2017, they’re envisioning a scenario where, after a long consolidation phase, it breaks resistance and skyrockets. Looking at the chart, it certainly seems like the compressed range is ready for an upward move.

Such bullish predictions may stem from traders still holding hope for a replay of the past pattern. However, even at $10, that would mean a market cap of $610 billion, which is a significant move. Market sentiment will likely be the key factor in how this unfolds.