Re-Accumulation and Historical Parallels
Crypto analyst CryptoWZRD has generated significant optimism within the XRP community, suggesting that the digital asset is poised for a "second wave" that mirrors its historic 2017 rally. In an analysis shared on X, the analyst highlighted that XRP is currently in a re-accumulation phase, a pattern observed in its 2017 cycle.
CryptoWZRD stated, "XRP is re-accumulating exactly as it did in the 2017 cycle — a second wave is coming and it will be parabolic. Above $3.65 the fun begins, patience pays!"
On-Chain Data Supports Re-Accumulation Narrative
Accompanying the analyst's prediction was a chart and on-chain data that indicated a strong re-accumulation phase for XRP. This visual analysis closely resembles the consolidation pattern that preceded XRP's substantial surge to its all-time high of $3.84 in 2017.
Recent data from CryptoQuant further supports this outlook. XRP's reserves on the Binance exchange have decreased to approximately 2.74 billion XRP, marking the lowest level seen in over a year. This significant reduction in exchange reserves suggests diminished selling pressure and a potential liquidity squeeze on exchanges, conditions that have historically preceded substantial upward price movements for digital assets.
Key Price Level Identified as Bullish Trigger
CryptoWZRD has pinpointed $3.65 as a crucial breakout threshold. This level is identified as the trigger zone for the anticipated "parabolic second wave." According to the analyst's interpretation, the current re-accumulation zone has been forming gradually through the latter half of 2025, echoing the period of consolidation before XRP's previous significant bull run.
Strengthening Market Sentiment and Holder Behavior
The combination of declining exchange reserves, tightening liquidity, and similarities to historical chart patterns has intensified speculation among investors. Many believe that long-term XRP holders are actively accumulating the asset in anticipation of a major price movement. Both analysts and members of the XRP community are closely monitoring the $3.65 price level as a potential inflection point for the market.
While broader market conditions and regulatory developments will continue to influence XRP's price trajectory, CryptoWZRD's analysis reflects a growing confidence among investors that XRP's next significant upward movement may be imminent. The analyst's sentiment suggests that patience may soon be rewarded.