Analyst to XRP Holders: This XRP Double Bottom Can Send Us to $5 With Haste

XRP has experienced notable swings in August, and crypto analyst Steph Is Crypto (@Steph_iscrypto) believes its performance has formed a crucial pattern signaling a move toward a new all-time high for the digital ￰0￱ shared a daily chart showing a double bottom formation and predicting an imminent rally for ￰1￱ chart shows a measured target far above current levels, reinforcing bullish expectations if the pattern holds. #XRP Double Bottom.. Send us to $5 with haste! ￰2￱ — STEPH IS CRYPTO (@Steph_iscrypto) August 28, 2025 The Double Bottom Pattern The pattern is shown in two clear ￰3￱ first occurred between April and ￰4￱ hit its lowest point of 2025 in April, and after a consolidation phase, it hit another low in late June, before a massive ￰5￱ rally in July sent XRP up by 91.88% to a new all-time high of $3.65 , and Steph suggests a repeat of this surge In early August, XRP fell below the $3 support level , forming the first part of a new double-bottom ￰6￱ asset quickly recovered and entered another consolidation phase.

However, this momentum began to weaken, and the asset dipped below $3 again , forming the second part of the double bottom ￰7￱ repetition suggests that the earlier move may serve as a template for what could come ￰8￱ is important to note that while double bottom formations are traditionally bullish, they require confirmation through a decisive move above the neckline resistance, sitting just above $3. If the second setup mirrors the first, the implication is another move of roughly 91.88% from the neckline breakout. However, without the initial breakout, the setup remains ￰9￱ watching this pattern will therefore look for a sustained price move to confirm the bullish ￰10￱ are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 XRP’s Price Target The projection based on this second double bottom shows a potential rise toward $5.35.

That level represents the measured move from the pattern, applied to the breakout point, and would represent a new all-time high for ￰11￱ a technical perspective, the double bottom is validated by the repeated testing of lows without a breakdown, followed by recovery and ￰12￱ establishes a base of support, strengthening the probability of a price ￰13￱ chart suggests that XRP has already stabilized near the $3 range, setting the stage for a possible breakout ￰14￱ are confident that a breakout is coming , and crossing the neckline above $3 could kickstart a historic run for ￰15￱ : This content is meant to inform and should not be considered financial ￰16￱ views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s ￰17￱ are advised to conduct thorough research before making any investment ￰18￱ action taken by the reader is strictly at their own ￰19￱ Tabloid is not responsible for any financial ￰20￱ us on X , Facebook , Telegram , and Google News