XRP has recently formed a price pattern that traders often link to major breakouts. The setup has drawn attention across the market, with analysts watching closely for confirmation.
Among them is Gordon (@AltcoinGordon), a cryptocurrency analyst, who described the asset as being “on the verge of a monumental run,” pointing to the potential for a sharp upside if critical resistance levels are cleared.
Steady lads. $XRP is on there verge of a monumental run.
Higher. pic.twitter.com/2DRerO7bH3
— Gordon (@AltcoinGordon) August 25, 2025
The Rounding Bottom Pattern
The chart shared by Gordon reveals a clear rounding bottom pattern that has been forming since the end of 2024. The initial phase began with a sharp rally between November 2024 and January 2025, where XRP experienced a significant price surge.
Following this move, the asset entered an extended consolidation. During this period, price action steadily curved into the shape of a rounding bottom, a pattern often interpreted as a base for further bullish continuation if resistance levels are breached.
In July, XRP broke out of its mid-year consolidation and reached an all-time high of $3.65. This move confirmed market momentum but fell short of a decisive breakout beyond the neckline of the rounding bottom. The neckline, which sits above $3.65, now represents the critical level that traders and analysts are monitoring for confirmation of the next phase of the trend.
Possible Outcomes from Current Levels
At the time of his analysis, XRP traded at $3.02. The technical implications of the pattern suggest two potential scenarios. Should XRP succeed in breaking out above the neckline and maintain its momentum, the rounding bottom pattern would be confirmed.
The neckline is the defining level for the digital asset in the short term. A sustained move above this point would validate the rounding bottom, and this confirmation could imply a continuation of the broader uptrend, with the chart suggesting a surge toward $5.8.
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However, if the asset fails to surpass the neckline in the immediate term, the current structure could evolve into a cup and handle formation. In such a case, the initial rounding bottom would serve as the cup, with a temporary retracement or consolidation phase forming the handle.
Cup and handle patterns are also widely regarded as bullish continuation setups, and this analysis suggests that whatever path XRP takes could lead to another bullish phase with new peaks on the horizon.
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 advised to conduct thorough 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.
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