dpCrypto analyst EGRAG CRYPTO said on X that while building a fresh XRP chart from scratch, he noticed something unusual in the token’s white accumulation zones.
During bear-market accumulation phases, three consecutive green monthly candles are extremely rare, he said, but that exact sequence showed up in 2016, and it may be forming again in 2026.
If September closes green, he argued, XRP would print that rare pattern for only the second time in its history.
Related: Analyst says XRP could be entering a new rally after whale buying
2016 vs. 2026: numbers that rhyme
As shared in his X post, he leaned into the symmetry between the two years, pointing out that 2016 and 2026 share a numerical rhyme he sees echoed in the chart structure itself.
He was careful to frame it as a possibility rather than a guarantee, saying he isn’t throwing out big numbers just to sound dramatic, but simply reading what the historical structure is showing.
That structure, according to EGRAG, opens the door to a provocative target: a 50x move that could put XRP near $50.
He also stressed the thesis hinges entirely on one condition, that September closes in the green, after which traders would watch to see whether price behaves the way it did following the 2016 sequence.
Building on a breakout thesis
The pattern chatter adds to a broader bullish narrative around XRP this month.
Earlier this month, crypto analyst Ali Charts flagged a decisive close above $1.38 as confirmation of a breakout toward $1.60, with support around $1.31 to $1.35. XRP has since pushed past both levels. It was trading at $1.61 at the time of writing.
Whether the 2016 rhyme plays out or not, XRP bulls now have two separate technical arguments pointing to the same broader move higher.
This story was originally published by TheStreet on Sep 24, 2026, where it first appeared in the MARKETS section. Add TheStreet as a Preferred Source by clicking here.
