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XRP's long consolidation may precede a big rally, echoing its historic 62,000% surge in 2017-2018.

Market News
23 Oct 2026
Zycrypto
View Source
Bullish
XRP's long consolidation may precede a big rally, echoing its historic 62,000% surge in 2017-2018.

XRP has experienced a prolonged period of sideways trading, similar to the roughly two-year consolidation before its massive 62,000% rally during the 2017-2018 bull run. This historical pattern suggests that patience during market stagnation could lead to significant gains, though some investors remain skeptical due to changes in the crypto market and past performance struggles. Currently trading at $1.31, XRP is still far below its all-time high, but the precedent of explosive growth keeps optimism alive among long-term holders. Whether XRP can replicate such a surge remains uncertain, but its history highlights how extended consolidation phases can set the stage for big price moves.

XRP trades at Rp23.481 on Pluang as of Oct 24, 2026 02:21 WIB, with a market cap of Rp1.495,95 trillion and a 1-day change of -0.26%. Despite the article's focus on XRP's historical surge, current Pluang data shows a cautious market with 77% of order activity selling and a typical hold time of 72 days. This context highlights how XRP remains a widely traded asset but with a predominantly selling sentiment among Pluang investors.

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