Peter Smith
The cryptocurrency market has seen a resurgence in technical optimism, and XRP is once again in the spotlight. A recent chart shared pointing to a potentially explosive upside move. With XRP’s price structure repeating a historical breakout pattern, speculation is building around a bold new price target: $100.
XRP (Ripple) Sets Sights on $100 as Historic Pattern Reemerges
Ripple’s native token, XRP, could be gearing up for a major breakout. The chart highlights a textbook double-bottom formation that mirrors previous bullish cycles, both of which preceded explosive price surges.
On the latest chart, XRP has successfully broken above its historical resistance — marked as an all-time high (ATH) — and has since completed a retest of the breakout zone, a key confirmation signal for trend continuation. This setup closely resembles past price action that saw XRP multiply in value.
Historical Patterns Suggest $100 XRP Is Possible
Van Lagen's projection points toward an ambitious target of $100 per XRP, should the pattern fully play out. As seen in the chart, the projected price path follows a steep vertical rally, similar to XRP’s 2017 breakout after a prolonged accumulation phase.
While such a price surge remains speculative, the current technical alignment has sparked excitement among XRP bulls, particularly as market sentiment shifts following regulatory clarity and broader crypto market optimism.
Conclusion
If XRP follows the trajectory outlined in previous cycles, the asset could see a significant rally in the months ahead. With the double bottom pattern confirmed, and technical resistance cleared, all eyes are now on whether XRP price can reach — and sustain — the symbolic $100 level.
Peter Smith
