The double bottom pattern of XRP suggests a breakout level of 10 dollars.

What will happen if the bullish trend of XRP that traders have been discussing for many years finally arrives? After months of sideways movement, the chart of XRP is beginning to reveal signs of momentum returning. If this development aligns with the predictions of some analysts, it could lay the foundation for XRP's long term growth to reach 10 USD — a price level that has been rumored but never reached.

A multi-year model that cannot be ignored

A recent post from TheCryptoBasic, citing chart analyst EGRAG Crypto, has highlighted a repeating price cycle of XRP starting from 2013. This analysis outlines a massive double bottom pattern, a classic chart structure often regarded as a strong reversal signal in the market. Specifically, XRP tested the neckline near 2 USD and officially broke it at the end of last year. In technical analysis terms, this is akin to 'compressing a spring ready to bounce' — meaning that bullish energy has been accumulated over many years and is just waiting for a strong breakout to release.

EGRAG Crypto also compares the current setup with two previous significant peak cycles of XRP, respectively in the years 2013 and 2018. He emphasizes that, structurally, the current movement could signal a "third wave," a phase where XRP has the potential to achieve unprecedented strong gains. Unlike previous cycles, this time the highlight is the breaking of the neckline, indicating that the bullish momentum is not just temporary but has been accumulated over many years, with greater potential strength than any previous surge.

Currently, XRP is fluctuating around 2.8 USD, still 22.6% lower than the peak of 3.65 USD recorded in July. According to experts, breaking the 3.65 USD threshold will be the first important signal indicating that the buyers have truly gained the upper hand, meaning the possibility of starting a sustainable bullish trend. At that point, analysts predict that the price of XRP could gradually rise to 5 USD, 10 USD, or even higher. According to EGRAG's forecast chart, if the cycle repeats with a rhythm similar to previous peaks, XRP could even reach 22–27 USD, opening up a bullish scenario beyond conventional predictions.

However, 10 USD is considered the most important milestone. This is not just a simple recovery price; psychologically and in the market, it symbolizes a move into a completely new price zone, where confidence in the long term growth potential of XRP is strongly reinforced. This price is more than three times the current price, enough to reverse long-standing debates about the bullish potential of XRP, making the 10 USD mark an important psychological boundary for both individual and institutional investors.

Moreover, reaching 10 USD also has structural significance in the market. It signals a shift of power from the sellers to the buyers, opening up opportunities for the next bullish waves and potentially reinforcing the position of XRP as one of the leading currencies in the cryptocurrency ecosystem. If the developments unfold as predicted, the 10 USD mark is not just a technical milestone, but also a symbol of recovery and sustainable long term growth.

Of course, no setup is invulnerable in the cryptocurrency market. XRP could continue to fluctuate in the price range of 2–3.6 USD if the buyers cannot securely reclaim the level of 3.65 USD. Some analysts, like Crypto Rover, warn that the current bullish cycle may only peak around 4 USD. This is still a technical win, but it is clearly not the price level that the buyers expect and dream of to create a sustainable bullish wave.

Moreover, macro risks are also present. If Bitcoin loses momentum or the overall market shifts to a cautious sentiment, fearing risks, XRP may not receive enough "oxygen" needed to maintain its bullish momentum. Some other analysts, like Dom, note that XRP still appears fragile compared to other major currencies like ETH and SOL, so protecting important support levels becomes extremely necessary in the short term.

The current setup of XRP feels strangely familiar: prolonged downturns, dwindling market interest, and then — unexpectedly — a strong bullish move suddenly appears. This scenario previously occurred with Solana, before that coin experienced a powerful and sustained bullish rally. Could XRP repeat a similar scenario?

If the double bottom pattern that EGRAG emphasizes is as strong as it appears, breaking the threshold of 3.65 USD could just be the beginning. Whether XRP can reach 10 USD or fall back will depend on the market's risk appetite, as well as the ability of this coin to maintain its position during the most sensitive times. This is when the market will determine whether XRP is entering a long term growth cycle or just a short-term surge.

Lilly

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