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XRP’s weekly structure has seldom looked as compressed as it does in the chart 
published this morning by independent analyst Maelius. The view pulls data 
from the BITSTAMP feed and applies a 50-period exponential moving average 
(EMA) in blue, currently tracking at roughly $1.78. This XRP Chart Screams 
2017 Price is perched above that dynamic support zone at $2.25, adding 3.33% 
so far in the present weekly candle, and has spent the past four months 
knitting out what the analyst calls a “giga bull flag.” The flag is defined by 
a sequence of progressively lower weekly highs that stop just short of the 
$3.40 line and higher swing-lows that bottom near $1.61, creating a converging 
wedge whose lower edge and the rising EMA50 now coincide. Maelius overlays the 
2017 XRP advance—scaled to the current log axis—to illustrate why the pattern 
matters. In the previous cycle the token erupted vertically once the flag was 
resolved, blasting from sub-dollar prices to a peak above $3.00 in a matter of 
weeks. Related Reading: XRP Sell-Off Rumors Swirl After Expert Questions 
Ripple’s War Chest The black schematic sketched on the right-hand margin 
recreates that move and projects it forward: once consolidation ends, the 
fractal implies a breakout first through the $4 shelf and ultimately into the 
double-digit territory. The label “XRP 2017” is pinned to the $19 mark, the 
level where the composite trace tops out on this overlay. Momentum data 
beneath the chart reinforce the comparison. The weekly Relative Strength Index 
(RSI) printed two pronounced peaks in the 2017 run, separated by a flat 
plateau; Maelius has marked those crests “1” and “2” on both the historical 
section and the current range. Related Reading: Crypto Analyst Says XRP 
Community Should Pay Attention To June 4-6, Here’s Why The first modern-cycle 
surge sent RSI briefly into the high-80s earlier this year and has since 
cooled back toward the mid-40s, a zone the analyst shades “FLAT.” An arrow 
then extends toward the mid-90s, signalling that Maelius expects at least one 
more momentum pulse before the structure is exhausted. From a purely technical 
perspective the most immediate levels to watch are the upper flag boundary 
near $2.50 and the EMA-anchored support around $1.80. A weekly close above the 
former would complete the flag and open the way to the $4.40 and $6.00 
horizontals visible on the price scale, while a decisive break below $1.80 
would invalidate the pattern and leave the market leaning on the $1.30 cluster 
where the EMA turned higher last year. Crucially, the analyst frames his 
outlook in risk-aware terms: even the “worst-case” scenario he sketches still 
includes one final impulse wave. “Worst case is there is only 1 impulse left. 
Bearish, right?!” he writes. As always, traders will be looking for 
confirmation from volume and broader market sentiment before treating the 
fractal as more than an instructive historical rhyme, but the chart makes 
clear that a single weekly candle settling above the $2.50 handle could be all 
it takes to remind participants of how quickly XRP has moved in the past. At 
press time, XRP traded at $2.23. Featured image created with DALLE, chart from 
TradingView.com

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