XRP to $34? Analyst Says XRP Is Ready to Rip Based On This Historical Pattern

Key Points

1. Gert van Lagen identifies a nearly seven-year double-bottom pattern in XRP's price structure, with a projected upside target of $34.

2. The analysis compares XRP's current price action to its 2014–2017 accumulation phase, which preceded a significant price surge in 2017–2018.

3. XRP is currently trading well below its 2018 all-time high of $3.84 and the $34 projection, indicating potential for a large upward move if the pattern holds.

4. Short-term momentum may be accelerating due to renewed interest in van Lagen's thesis, but the analysis is framed as a probabilistic scenario rather than a certainty.

5. The article emphasizes that the analysis is not financial advice and encourages readers to conduct their own research before making investment decisions.