Legendary Trader Says XRP Will Resume Bull Run Once This Signal Flashes, Sets $38 Target
2025-07-15 17:19:35
Main Idea
Legendary trader Gert van Lagen predicts XRP will resume a bull run based on a seven-year double bottom formation, with a potential target of $38.
Key Points
1. XRP has formed a seven-year double bottom pattern, signaling a long-term bullish reversal.
2. The first leg of the pattern occurred after XRP dropped from $3.8 in 2018 to $0.1140 in 2020, followed by a rally to $1.96 in 2021.
3. The second trough was completed in June 2022 at $0.2870, with the breakout confirmed in November 2024 when XRP surged to $2.
4. Van Lagen interprets the rebound above the neckline as a bullish confirmation, targeting $38, a 1,238% increase from the current price of $2.84.
5. Analyst CryptoInsightUK also predicted a similar upside, forecasting XRP could reach $35 in this cycle.
Description
XRP may be gearing up for one of the most explosive moves in its history, according to renowned Dutch market expert Gert van Lagen. The seasoned trader believes that XRP is primed to continue its bullish trajectory in parabolic fashion, now that it has successfully bounced from a critical technical level. At the heart of van Lagen’s analysis is a double bottom formation that has quietly unfolded over the past seven years. This rare structure, visible on XRP’s two-week chart, is considered one of...
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