November 12, 20261 min read0 views

Bitcoin Boy’s XRP Chart Compares Current Setup With 2017 Rally

Bitcoin Boy (@btcbox123) posted a chart on X Wednesday, Nov. 11, presenting XRP (XRP) below descending resistance and comparing it with the setup before the 2017 rally.

His chart depicts XRP trading below a descending resistance line for an extended period in 2016 before breaking above it. The chart pairs that move with a 306-day rally spanning 10…

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Bitcoin Boy (@btcbox123) posted a chart on X Wednesday, Nov. 11, presenting XRP (XRP) below descending resistance and comparing it with the setup before the 2017 rally.

His chart depicts XRP trading below a descending resistance line for an extended period in 2016 before breaking above it. The chart pairs that move with a 306-day rally spanning 10 monthly bars.

For the current setup, the chart shows XRP still below the downward-sloping line after facing resistance and pulling back. The breakout that anchors the comparison has not occurred in the chart’s presentation.

Bitcoin Boy’s chart frames a confirmed break above descending resistance as the trigger for its comparison scenario. It does not establish that XRP will repeat the earlier rally.