If you are an investor for encryption even for a short time, you realize that XRP has the most powerful community in this industry. There are viral predictions that float everywhere, but one in particular got attention because it has become a viral on X.
This came from Gert Van Lagen, a technical encryption analyst from the Netherlands and has more than 115,000 followers on X. The XRP price has now decreased by 3.8 % today, trading about $ 2.42. The huge news broke out yesterday by the CEO of Ripple that SEC dropped the lawsuit and soon the price was pumped from $ 2.30 to $ 2.50, but it is now cooling.
Technical analysis behind the viral XRP prediction
The GERT VAN Lagen scheme analyzed a great interest through the XRP community. The candlestick scheme every two weeks of XRP/USD reveals two main technicians developed over the years: a double bottom formation from 2014-2017 and another double bottom with an ascending triangular style 2018-2024.
What makes this analysis particularly interesting is the comparison between historical prices and current market conditions. XRP scheme The two equivalent price movements are highlighted, with XRP recently over the level of resistance several years.
The first dual lower pattern of 2014-2017 was a bullish reflection signal that confirmed a shift from the declining direction to the upward trend. When XRP penetrated the resistance of the neckline at about $ 0.40 in early 2017, it eventually caused an equivalent gathering to the end of its goal.
XRP
The current price structure shows a mixture of double bottom and a trends that have been developed since 2018. This style features a flat resistance ranging between $ 1.90-2.00 and upward support line. The price is compressed within this structure before it was finally erupted in early 2025.
XRP now has many important support levels to watch. An area of $ 0.35 to $ 0.40 was a base for the previous penetration. The range of $ 1.00 to $ 1.50, as soon as the resistance during the 2024 march, is now working as support. More importantly, the level of $ 1.90-2.00 dollars was a difficult barrier for years, but now it should help prevent prices from decline.
The collapse 2017 shows us what may happen after that. At that time, XRP moves much higher than expected. If we look at the current situation and measurement from the penetration point at $ 2 to the base at $ 0.30, we get a goal ranging between $ 3.50-4.00 dollars.
But Van Lagen believes that history can repeat itself with another stronger movement that can pay XRP to $ 38. He referred to: “XRP is scheduled to continue in the revolutionary market after wearing the neckline for this double -year -old -age -old triangle, targeting at least $ 38.”
Also read: Best Penny Crypto for purchase after Big FOMC and XRP versus SEC News
In order for XRP to these high goals, it needs to stay over $ 1.90. If so, the following price obstacles will be about $ 3.50 to $ 4.00, then $ 10, and perhaps $ 38 at the end. Based on what happened the last time, it may rise to $ 38.
But there is also a less optimistic view to it. If XRP decreases to less than $ 1.90, it may return to $ 1.00-1.20 dollars before trying to climb again. If the prominent support line is violated in the triangle style, the entire upcoming upcoming expectations will be the subject of a question.
Van Lagen’s analysis indicates that XRP enters an equivalent stage similar to its collapse for 2017, with the possibility of large prices pumps if historical patterns are repeated.
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