Top Analyst Says XRP is on the Edge of a Massive Breakout

In a recent post on X, crypto commentator Amonyx drew attention to a bold forecast by renowned market analyst Gert van Lagen, who believes XRP is on the verge of a major breakout. “Only the patient will win; the impatient are about to face the toughest test of their lives,” Amonyx wrote, echoing van Lagen’s sentiment that XRP’s next move could redefine its trajectory. Currently trading at $2.19, XRP is holding a critical level that could determine whether it confirms a long-term bullish reversal or slips back into consolidation. Seven Years in the Making: The Technical Landscape Van Lagen’s analysis is built on a rare and powerful pattern: a seven-year double-bottom formation, visible on the two-week chart. This pattern began with a major low of around $0.11 in March 2020, followed by a surge to $1.96 in April 2021. XRP then dipped again to $0.29 in mid-2022 before rallying back near $2.00 by the end of 2024, completing a textbook “W”-shaped bottom. Top analyst @GertvanLagen says $XRP is on the edge of a massive breakout. Only the patient will win the impatient are about to face the toughest test of their lives. Are you ready? pic.twitter.com/Tihywn50uJ — Amonyx (@amonbuy) June 17, 2025 But that’s not all. Running parallel to the double bottom is an ascending triangle, a bullish continuation pattern marked by rising support levels and a horizontal resistance band around the $2 mark. These two technical formations overlapping at the same price level only strengthen the bullish case. The $2 Level: A Pivotal Breakout Zone The $2 price point isn’t just another resistance. It’s the neckline for both the double-bottom and ascending triangle patterns—a critical threshold that XRP broke in December 2024, rallying to as high as $3.40 in January 2025. Since then, XRP has pulled back to retest the $2 level multiple times and continues to find support there. This successful retest is crucial. According to traditional technical analysis, when a breakout is followed by a confirmed support retest, it often paves the way for a sustained rally. Price Target: $38 and Beyond? Based on the height of the double-bottom formation, van Lagen projects a conservative target of $38, an increase of more than 1,600% from current levels. He draws parallels with the 2013–2017 cycle, where XRP far surpassed its technical targets, suggesting that even $38 might be modest if bullish momentum builds. While many price predictions are often driven by hype, van Lagen’s projection is grounded in long-term structural patterns and historical performance. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Legal Clarity and Growing Fundamentals The optimism isn’t limited to technicals. Ripple’s legal battle against the U.S. SEC is approaching a critical stage; a favorable ruling on the motion before the court will be vital to removing a cloud of regulatory uncertainty that loomed for years, and XRP will be better positioned for broader institutional adoption. That said, recent on-chain data shows a rise in open interest, much of it likely driven by leverage, suggesting a mix of speculative activity. While this can boost price action in the short term, it also adds risk and volatility. The Final Test of Patience Van Lagen’s thesis, amplified by Amonyx, comes with a clear warning: patience is essential. XRP’s $2–$3 range may act as a pressure zone, shaking out short-term traders before a true breakout. But for those willing to wait, the setup could lead to a once-in-a-cycle move. The technical and fundamental pieces are aligning. With XRP hovering just above its critical neckline, the market may soon decide its next chapter. As Amonyx put it, “Are you ready?” For many XRP holders, this could be the moment they’ve been waiting for. 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 Top Analyst Says XRP is on the Edge of a Massive Breakout appeared first on Times Tabloid .

Source: TimesTabloid