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 the longest-standing bullish reversal patterns in the crypto market. Historically, analysts note that when such long-term patterns finally confirm, they often ignite powerful upward movements. Seven-Year Formation Signals Long-Term Reversal A double bottom is a classic bullish reversal structure that forms when an asset hits a similar low twice, separated by a moderate rebound. Once the price clears the resistance neckline above these lows, the pattern is considered confirmed, often triggering a substantial rally. $XRP [2W] 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. Last break out of lesser caliber brought price 2x its parabolic target, so this is conservative. – Update pic.twitter.com/SF1LOJanzv — Gert van Lagen (@GertvanLagen) July 14, 2025 For XRP, the first leg of this formation took shape after its massive drop from the all-time high of $3.8 in January 2018. The token crashed to a low of $0.1140 in March 2020. Following that, XRP surged to $1.96 by April 2021; this rally constituted the mid-pattern bounce. The second trough was completed in June 2022, when XRP plunged to $0.2870 amid panic triggered by the Terra ecosystem collapse. Still, the double bottom remained incomplete until XRP revisited the key neckline near $2. Breakout and Neckline Retest A significant breakout finally occurred during the November 2024 rally, when XRP soared to $2 after Donald Trump’s presidential victory sparked renewed market confidence. This bullish wave pushed XRP through the neckline, confirming the long-awaited breakout from the seven-year double bottom. The breakout rally didn’t stop there. By January 2025, XRP had peaked at $3.4, but growing resistance in that zone forced the asset into a correction. The price dipped back below $3 in February, entering a consolidation phase that persisted for over six months. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Crucially, throughout this entire period of stagnation, XRP managed to stay above the $2 neckline , the very level it had previously struggled to overcome. According to van Lagen, holding above this support validates the breakout and signals that the market is merely pausing to gain strength. Bullish Signal Confirmed, $38 Target in Sight As XRP now climbs once again above the neckline, van Lagen interprets this rebound as the next bullish confirmation. In his view, XRP is preparing to surge much higher, potentially parabolically, on the back of this retest. The veteran trader sets an ambitious price objective of $38, which would reflect a 1,238% increase from XRP’s current price of $2.84. He’s not alone in this projection. Back in December, respected analyst CryptoInsightUK also pointed to a similar upside potential, predicting XRP could reach $35 during this cycle. The convergence of long-term technical support, a confirmed breakout, and reinforced bullish momentum suggests that XRP could soon enter its strongest uptrend yet. Traders and investors closely watching the charts may now see the signal van Lagen refers to: a textbook neckline retest that often precedes exponential moves. As XRP shows renewed strength above $2, market watchers are keeping a close eye on whether this could be the final launchpad toward the much-anticipated multi-dollar price zones. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Legendary Trader Says XRP Will Resume Bull Run Once This Signal Flashes, Sets $38 Target appeared first on Times Tabloid .
