Market Analyst Identifies XRP Double Bottom Pattern, Forecasts $34 Target

Crypto analyst Cryptobless has identified a repeating pattern in XRP’s price history, predicting a potential surge to the $34 mark based on the completion of a seven-year double bottom retest. This analysis draws parallels with the 2014-2017 cycle, where XRP mirrored a similar pattern that ultimately led to a significant price rally. 2025 saw XRP break out from a multi-year consolidation period, prompting an initial pullback in early 2025 before ultimately forming a new all-time high at $3.65. This latest breakout has now been confirmed by the completion of this pattern, with Cryptobless predicting a first target of $34 based on measured move principles. The analyst’s outlook remains optimistic about further gains, but market participants will be watching for confirmation and broader market conditions to assess whether XRP can sustain upward momentum towards this significant level. 2025 marked a turning point for XRP, as its price surpassed previous all-time highs, indicating a strong bullish trend. The pattern’s long duration and historical significance further support the analyst’s prediction.