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 everywhere, but one in particular got attention since it went viral on X.

It came from Gert van Lagen, a technical crypto analyst from Netherlands who has over 115k followers on X. The XRP price is now down 3.8% today, trading around $2.42. Huge news broke out yesterday by Ripple’s CEO that SEC dropped the lawsuit and price quickly pumped from $2.30 to $2.50 but it’s cooling off right now.

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.

XRP Price Predictions

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.”

Read also: Best Penny Crypto to Buy Following Big FOMC and XRP vs SEC News

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.

Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.
Get all our future calls by joining our FREE Telegram group.

We recommend eToro

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more
Active user community and social features like news feeds, chats for specific coins available for trading.
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
intelligent crypto
How are  regular people making returns of as much as 70% in a year with no risk?  By properly setting up a FREE Pionex grid bot - click the button to learn more.
Crypto arbitrage still works like a charm, if you do it right! Check out Alphador, leading crypto arbitrage bot to learn the best way of doing it.

Tags:

Petar Jovanović
Petar Jovanović

As the Head of Content at Captainaltcoin, I bring years of experience in the crypto industry. With a strong belief in the potential of the web3 market since 2017, I'm passionate about sharing valuable insights and knowledge. Feel free to connect with me on LinkedIn and let's discuss the exciting world of cryptocurrencies and decentralized technologies!

CaptainAltcoin
Logo