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XRP eyes $100 this cycle if historical pattern plays out, according to technical analyst

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XRP breakout in the current cycle could be preparing the token to rally to $100 if a repeating historical pattern plays out. According to technical analyst Gert van Lagen, the projection is based on the fact that the Ripple-affiliated token has confirmed a double-bottom breakout, a bullish structure that previously led to XRP’s rise in 2017. In an X post on January 14, Van Lagen noted that the double-bottom formation emerged in the 2017-2018 cycle, during which XRP surged to its all-time high near $3.50 after breaking through its neckline resistance and successfully retesting it. Picks for you Machine learning algorithm predicts SHIB price for January 31, 2025 29 mins ago Michael Guest net worth revealed: How rich is the Mississippi r...