This Trader Shocks Ripple Community With Viral XRP Price Prediction

If you are a crypto investor even for a short period, you are aware that XRP has the strongest community in this industry. There are viral price predictions floating

If you've been following the crypto space even casually, you're aware of the legendary status XRP traders have in the community.

One trader's analysis has got the community in a frenzy after it went viral on X.

The post, written by Gert van Lagen, a technical analyst from Netherlands with over 115k followers, broke down an impressive chart pattern that could lead to huge gains for XRP.

XRP is now down 3.8% on the day, trading around $2.42.

After a usually uneventful summer, crypto markets woke up to some huge news yesterday.

The price quickly pumped from $2.30 to $2.50 following reports that the SEC dropped its lawsuit against Ripple.

Technical Analysis Behind The Viral XRP Prediction

Gert van Lagen’s chart analysis has captured significant attention across the XRP community. His bi-weekly candlestick chart of XRP/USD reveals two major technical patterns that have developed over years: a double bottom formation from 2014-2017 and another double bottom combined with an ascending triangle pattern from 2018-2024.

What makes this analysis particularly interesting is the comparison between historical price movements and current market conditions. The XRP chart highlights two parabolic price movements, with XRP recently breaking above its multi-year resistance level.

The first double bottom pattern from 2014-2017 was a bullish reversal signal that confirmed a shift from downtrend to uptrend. When XRP broke through the neckline resistance at approximately $0.40 in early 2017, it triggered a parabolic rally that eventually reached twice its measured move target.

After the breakout, the buying pressure waned, leading to a correction back to the neckline support. However, this support held, and a new uptrend emerged.

The current price structure shows a combination of a double bottom and an ascending triangle formation that has been developing since 2018. This pattern features a flat resistance around $1.90-$2.00 and an upward-sloping support line. Price compressed within this structure before finally breaking out in early 2025.

XRP now has several important support levels to watch. The $0.35-$0.40 area served as the base for the previous breakout. The $1.00-$1.50 range, once resistance during the 2024 rally, now acts as support. Most importantly, the $1.90-$2.00 level was a tough barrier for years but now should help keep prices from falling further.

The 2017 breakout shows us what might happen next. Back then, XRP moved much higher than expected. If we look at the current situation and measure from the breakout point at $2 down to the base at $0.30, we get a target of about $3.50-$4.00.

But van Lagen thinks history could repeat itself with another stronger move that could push XRP all the way to 38. He noted: “XRP is set to continue its bull market parabolically after bouncing off the neckline of this 7-year-old Double Bottom / Ascending Triangle, targeting at least $38.”

For XRP to reach these high targets, it needs to stay above $1.90. If it does, the next price hurdles would be around $3.50-$4.00, then $10, and eventually maybe $38. Based on what happened last time, it might even go higher than $38.

But there’s also a less optimistic view to consider. If XRP drops below $1.90, it might fall back to $1.00-$1.20 before trying to climb again. And if it breaks below the upward-sloping support line of the triangle pattern, the whole bullish outlook would be in question.

Van Lagen’s analysis suggests XRP is entering a parabolic phase similar to its 2017 breakout, with the potential for big price pumps if historical patterns repeat.

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