XRP May Be Entering a Major Bullish Phase
XRP may be entering a major bullish phase after breaking out of a seven-year double bottom pattern, according to market analyst Gert van Lagen. His two-week chart shows that the breakout occurred at the neckline level, marked by a red cross, with a subsequent successful retest at the blue dot.
The chart highlights similarities to the 2014–2017 market structure, when XRP/USD surged sharply after completing a smaller-scale double bottom. In the current setup, the breakout has already cleared the previous all-time high. Van Lagen projects an initial target near $34, based on the 2.00 Fibonacci extension of the double bottom formation.
Technically, the pattern suggests a significant shift in long-term momentum. The green-shaded areas represent accumulation phases, where price consolidated before breaking resistance. The breakout above $1.80 triggered the latest rally, with XRP now trading above $3. This movement mirrors the earlier explosive run when price surged after reclaiming the neckline in 2017.
The chart’s projected path indicates a steep upside trajectory, with the vertical arrow illustrating the measured move from the double bottom’s depth. The extended projection, shown in blue, points toward the $34 region as a primary target. Historical price behavior and the structural symmetry of both setups strengthen the case for further gains.
If this pattern continues to unfold as it did in the past cycle, XRP could be on track for one of its largest upward moves in years, with long-term bullish momentum firmly in place.
XRP MACD Analysis
The monthly MACD for XRP shows a strong bullish momentum phase similar to the 2017 and early 2021 rallies. The MACD line (blue) is currently at 0.58318, positioned well above the signal line (orange) at 0.41917, indicating sustained upward strength. The wide gap between the two lines reflects strong buying pressure.
The histogram remains in positive territory at 0.16402, showing that bullish momentum is still active despite slight decreases from its peak. This suggests buyers are still in control, though the pace of acceleration has eased slightly compared to the initial breakout phase.
Historically, similar MACD expansions in late 2017 and early 2021 coincided with significant XRP price rallies. The current reading is approaching those past highs, reinforcing the possibility of a prolonged bullish cycle if momentum continues. The pattern also aligns with the recent double bottom breakout seen in the price chart, signaling that technical indicators are confirming the bullish bias.
If the MACD trend maintains its trajectory, XRP could sustain upward price action in the coming months, with momentum supporting a move toward the projected $34 target outlined in the breakout analysis.
XRP RSI Analysis
The monthly Relative Strength Index (RSI) for XRP is currently at 74.00, placing it above the 70 threshold, which signals overbought conditions. This suggests strong bullish momentum in the market, but it also indicates that the asset may be entering a zone where corrections historically become more likely.
The RSI has previously reached similar or higher levels during major price surges, such as in late 2017 and early 2021, both of which preceded significant pullbacks after the peaks. However, during those cycles, the RSI remained elevated for extended periods while prices continued to rally, showing that overbought conditions do not always signal immediate reversals.
The RSI moving average, currently at 65.56, is rising steadily, reflecting sustained upward price pressure. The recent rebound from the mid-60s back into overbought territory shows that buyers have maintained control after short-term cooling periods. This strength aligns with the breakout pattern and MACD readings, confirming a broader bullish setup for XRP in the current cycle.
XRP Seasonality Analysis
The seasonality chart compares XRP’s historical price performance across different years to identify recurring trends.
In 2024, XRP recorded a sharp rally beginning in late November, peaking at around 230.20% gains before a moderate pullback in December. This late-year surge was the strongest among the years shown and suggests significant bullish momentum during that period.
For 2023, the price increased steadily through the year, ending with gains of 81.77%. The rise was gradual, with notable strength in July and November, followed by stability into year-end.
In 2025, gains so far stand at 34.55%. The price showed brief upward movements in February and late July but has remained relatively moderate compared to the explosive run of 2024. The trend suggests that while 2025 has seen positive performance, it has yet to replicate the aggressive seasonal rally patterns observed in the prior two years.
Overall, the historical data indicates that XRP has shown its strongest seasonal tendencies for significant gains in the final quarter of the year, especially from late November into December, with smaller spikes often occurring mid-year.