The post XRP Price Prediction: Bold $38 XRP Target Draws Buzz as Chart Patterns Signal Explosive Upside appeared on BitcoinEthereumNews.com.

A bold new XRP price prediction is turning heads across the crypto community, as technical analyst Gert van Lagen points to a potential rally toward $38—a staggering 1,190% gain from today’s level of $2.84. While the forecast is rooted in long-term chart patterns, many investors are questioning the feasibility of such a moonshot, especially as Ripple’s legal battle with the SEC continues to cloud the outlook. 7-Year Chart Patterns Spark $38 Forecast On July 15, 2025, Gert van Lagen shared a 7-year XRP chart on X, identifying a double bottom and a long-forming ascending triangle pattern. According to the chartist, these formations historically precede major bullish breakouts. In van Lagen’s view, XRP is now poised to mimic classic breakout behavior seen in previous market cycles. XRP is set for a parabolic rally after rebounding from a 7-year support level, with a conservative target of $38 based on past breakout trends. Source: Gert Van Lagen via X Van Lagen emphasized that technical setups like the double bottom and ascending triangle are both rare and historically powerful, often preceding major price moves. Drawing from sources such as Investopedia’s analysis on double bottom reversals, he noted that confirmed patterns of this nature have previously led to gains of 2x or more, adding weight to his projected XRP surge toward the $38 level. XRP price today has successfully defended the $2.80 support level after consolidating below $2.40 for several months. With a current market cap of $173.9 billion, reaching $38 per coin would imply a valuation near $2.3 trillion—surpassing even Bitcoin’s dominant $1.2 trillion market cap. That has raised eyebrows among analysts and investors alike, especially those closely following Ripple XRP news. Ripple Ecosystem Adoption Is Key The $38 target doesn’t just raise hopes—it raises questions. A move of this magnitude would require massive…

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Filed under: News - @ July 15, 2025 4:28 pm