CryptoBull (@CryptoBull2020), a widely followed crypto analyst on X, recently shared a chart of XRP’s monthly performance, suggesting an upcoming rally for the 0 post places focus on a technical formation that many traders recognize as a potential precursor to significant upward 1 chart illustrates a rounding bottom pattern , which develops when price action gradually declines, consolidates at a low point, and then steadily rises again to retest prior resistance 2 XRP’s monthly timeframe, this pattern is visible following the decline that began in early February . #XRP monthly 3 is $7 – $8. pic. twitter. com/R6oDKbBT0b — CryptoBull (@CryptoBull2020) August 31, 2025 The Rounding Bottom Pattern Following a rally of over 500% between November 2024 and January 2025, XRP succumbed to market bearish pressure and lost the $3 4 decline led to an extended consolidation phase with a gradual decline to a low point in 5 regained its momentum in the following months, going on another historic run in July to an all-time high of $3.65 .
However, this momentum was short-lived, as the asset began August with a decline , and has failed to regain its momentum from 6 its lackluster performance, the digital asset is still within the rounding bottom 7 chart shows that August’s performance has also stayed above a crucial resistance level despite another decline toward the end of the 8 Price Targets and Growth Potential With XRP about to break out of this pattern, CryptoBull has set a target range of $7 to $8. This projection implies a considerable increase from current 9 XRP trading around $2.77 at the time of analysis, a move to $7 would represent growth of approximately 149%.
Reaching $8 would extend that gain to about 184%. A rounding bottom pattern on higher timeframes, such as the monthly chart, is generally interpreted as a long-term bullish 10 XRP’s case, the neckline of the formation sits near $2.8. Sustained price action above this level would confirm the breakout of the structure, opening the path toward significantly higher 11 are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 The technical reasoning behind these targets rests on the measured move 12 the breakout occurs, traders typically project upside potential equal to the depth of the curve, which in this case aligns with the range CryptoBull has identified.
Additionally, XRP remains above its 200-day moving average, further reinforcing a bullish 13 moving average has begun to slope upward, aligning with the price consolidation and suggesting underlying strength in the broader 14 : This content is meant to inform and should not be considered financial 15 views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s 16 are advised to conduct thorough research before making any investment 17 action taken by the reader is strictly at their own 18 Tabloid is not responsible for any financial 19 us on X , Facebook , Telegram , and Google News
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