In markets defined by volatility and shifting sentiment, chart patterns often provide critical insight into potential turning points. XRP has experienced extended periods of consolidation and episodic rallies, making technical analysis an essential tool for traders and investors seeking to anticipate meaningful moves. Recent data suggest the cryptocurrency may be forming a structure that signals a sustained bullish phase.
Egrag Crypto recently highlighted a long-term XRP/USD chart on X, identifying what appears to be a triple bottom pattern. According to the analysis, XRP established repeated support near $0.35 in 2022, 2023, and 2024.
Each rebound from this floor gradually strengthened the market, culminating in a breakout above the $1.60 resistance level. Egrag Crypto interprets this breakout as a confirmation of bullish momentum, suggesting that XRP could pursue significantly higher price levels.
#XRP Patterns Within Pattern: Triple Bottom Pattern pic.twitter.com/A9m4auNMVE
— EGRAG CRYPTO (@egragcrypto) January 26, 2026
The Mechanics of a Triple Bottom Pattern
A triple bottom forms when an asset tests a support level three times without breaking lower, signaling strong buying interest at a critical price point. Historically, this pattern represents the conclusion of a downtrend and the potential start of an extended upward move.
Bulkowski’s chart studies indicate that triple bottoms succeed in roughly 78% of bull market cases, though cryptocurrency volatility introduces additional risk. For XRP, repeated lows illustrate that sellers could not maintain downward pressure, providing a solid foundation for a potential breakout.
Measuring the Upside Potential
Egrag Crypto employs the “measured move” technique to project potential targets. This method calculates the vertical distance from support to resistance and adds it to the breakout point, creating a roadmap for future price action.
Using this framework, the analysis projects XRP could reach as high as $27, contingent on volume confirmation and sustained market participation. The pattern emphasizes disciplined entry points, highlighting the importance of accumulating positions after the breakout rather than chasing short-term spikes.
We are on X, follow us to connect with us :- @TimesTabloid1
— TimesTabloid (@TimesTabloid1) June 15, 2025
Current Market Alignment
As of report time, XRP trades around $1.89. Price action indicates that support around $1.88 remains intact, suggesting a transition from consolidation to a potential multi-month bullish phase.
While macroeconomic factors and broader crypto market fluctuations may influence momentum, technical evidence underscores a strong probability of continued upward pressure.
Implications for Traders and Investors
Egrag Crypto’s analysis frames XRP as a high-conviction candidate for accumulation. Traders can monitor support and resistance levels to confirm trend strength, while long-term investors may view the breakout as a structural entry point.
If the triple bottom holds and momentum sustains, XRP could validate the projected targets, offering a roadmap for both strategic positioning and tactical trades.
By combining historical pattern reliability, breakout confirmation, and volume-based validation, the triple bottom pattern presents a compelling technical case for XRP’s next leg up, potentially propelling the cryptocurrency toward significant gains.
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
