XRP price mimics the 2017 pattern, Ripple donates $5 million to the Trump Foundation

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The current price trend of XRP in 2024 shows a striking similarity to the historical rebound of 2017, both indicating bullish momentum.

The market cap of XRP reflects the early stages of its rise in 2017, suggesting potential similarities. This pattern was followed by a consolidation phase around key support levels.

By mid-2017, XRP's market cap had grown more than six times its initial value. According to historical trends, this value recovery suggests an optimistic outlook for early 2025.

Notably, the recent trend closely aligns with movements above the moving average, supporting bullish sentiment in the market.

Historically, nearing the moving average at the end of 2024 indicates stronger price support levels. This enhances the likelihood of a continued upward trend.

Given the cyclical nature of XRP's market behavior and its adherence to past patterns, the possibility of a significant surge repeating in early 2025 seems feasible.

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