- XRP is forming a massive multi-year double bottom, with analysts suggesting it could pave the way for a $10 breakout.
- Breaking above $3.65 would be the first confirmation of strength, followed by targets at $5, $10, and possibly even $22+.
- Risks remain from market-wide weakness and failure to defend support, but momentum is quietly building behind the scenes.
What if the XRP move traders have been whispering about for years is finally here? After months of going sideways, the chart is starting to show sparks of momentum again. If it builds the way some analysts believe, this could be the foundation for XRP’s long-shot run at $10, a level that’s been teased but never touched.
A Multi-Year Pattern That Can’t Be Ignored
A post from TheCryptoBasic, citing chartist EGRAG Crypto, points toward a repeating cycle that goes back to 2013. His analysis outlines what looks like a massive double bottom — a structure that usually signals big reversals. XRP already tested its neckline near $2 and broke through late last year. In classical charting, that’s like loading a spring that’s ready to snap.
EGRAG’s comparison ties today’s setup to cycles that peaked in 2013 and again in 2018, hinting this could be the “third wave” moment for XRP. The difference now is that the neckline break suggests energy has been building for years.
The Importance of $10 — and What Comes After
Right now, XRP is hovering under $3, still below its July high at $3.65. Breaking that ceiling would be the first real sign that bulls are ready to take charge. From there, analysts point to $5, $10, and maybe even higher. EGRAG’s chart actually goes as far as $22–$27 if the cycle repeats with the same rhythm.
But $10 is the magic number. For traders, it represents a line in the sand — not just a recovery, but an expansion into new territory. It would be more than triple today’s price, flipping the long-term debate around XRP’s potential upside.
What Could Go Wrong
Of course, no setup is bulletproof. XRP could just keep bouncing in its $2 to $3.6 cage if bulls can’t reclaim $3.65 with conviction. Analysts like Crypto Rover have warned that the cycle might top out closer to $4, which would still be a win, but not the moonshot bulls are dreaming about.
Macro risks loom too. If Bitcoin loses steam or markets turn risk-off, XRP may not get the oxygen it needs. Other analysts, like Dom, argue that XRP still looks fragile compared to peers like ETH and SOL, making the defense of its support zones critical in the short run.
Is This Finally XRP’s Moment?
The setup right now feels oddly familiar. Long stretches of compression, fading interest, and then — suddenly — a sharp, unexpected move. Solana had its version of this before its monster rally. Could XRP be next? If the double bottom pattern is as strong as it looks, breaking $3.65 may only be the start. Whether it actually delivers $10 or fizzles out will depend on the market’s appetite for risk — and XRP’s ability to hold its ground when it matters most.
