XRP could be about to experience a massive price surge, with analysts predicting gains of a staggering 57,155% and a price target of as much as $305.

Although XRP’s price has been fluctuating around $0.5, some market observers believe this could be the last correction before a major rally in XRP’s history, similar to what happened seven years ago.

An analyst named Helkin Ashi, better known by his social media handle “LUDXRPFLR,” has discovered some recurring patterns by studying XRP’s historical price action.

He shared a chart showing XRP’s price action over the past decade, which shows a recurring pattern where past price action seems to predict future price action.

For example, XRP reached a high in late 2013 and then fell until it stabilized in mid-2014. But in early 2015, XRP suddenly surged again, though it didn’t reach the 2013 high.

After that, XRP continued to fall, this time for a longer period of time, until the first quarter of 2017. However, XRP then took off like a rocket, soaring from $0.0055 at the beginning of 2017 to $3.84 at the beginning of 2018, a 70,000% increase in one year!

After this big rise, the price of XRP fell back. Interestingly, the price trend in 2018 was similar to the trend after 2013. Therefore, after XRP bottomed out in 2020, it experienced another rise in 2021.

However, the increase in 2021 was not as large as that in 2018, just as the increase in 2015 was not as large as that in 2013. Moreover, the adjustment period after 2021 was also longer.

If XRP's historical trend is really so accurate, analysts like Helkin Ashi believe that XRP may have a similar increase as in 2017/2018 after breaking out of the long-term adjustment.

Ashi even predicts that if XRP continues to rise according to this trend, the medium-term peak may exceed $16, and may even reach a high of $305.