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- 📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
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- 🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
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Here’s XRP’s Price If It Forms a 180% Daily Candle
The XRP price could immediately shoot up to a new all-time high if XRP were to record another 180% daily candle close like it did in 2017.
XRP Surged 180% in a Day in April 2017
Notably, market data confirms this disclosure. XRP reached this impressive feat when it recovered from the bearish trend that pushed its price to lower lows from 2016 to early 2017. As a rebound emerged in March 2017, prices began to see impressive surges, with occasional daily gains of around 20% and 50%.
What if XRP Price Secured 180% Intraday Gains Again?
Since then, XRP has failed to replicate the rapid spike, but Sistine Research analysts are now reviving discussions around a possible repetition. This comes at a time when XRP is showing signs of a recovery, having rallied past the $3 resistance in recent times, as it trades for $3.13 at press time.
While it remains highly speculative, we assessed how much the XRP price could be if it repeated the 180% intraday gain. Should XRP replicate such a run from the current position, its price would surge to a new all-time high of $8.76 within a day
At this price, XRP’s market cap would grow to $518 billion, which would represent an addition of $332 billion in valuation within a day. While this remains highly improbable, it is important to note that XRP would not actually need to welcome $332 billion in new capital to see its market cap spike by such a margin.
For instance, market analyst Dom discovered in May that XRP added $16.6 billion worth of valuation with a mere $61 million in buy pressure. This translates to an inflow-to-valuation multiplier of around 272x. With this rate, XRP’s market cap would only need $1.22 billion in net buy pressure to rise by $332 billion in a day.
However, the prospect still remains speculative. Despite this, XRP has shown its penchant for rapid intraday spikes in recent times. For instance, on March 2, 2025, the XRP price rose 34%, adding $43 billion to the market cap that day. Also, on July 13, 2023, following Judge Analisa Torres’ ruling in the SEC case, XRP price spiked 73%.