Gert van Lagen says the macro structure of XRP has finally done the one thing it needed to do: break the neckline of a seven-year base and hold it. “XRP [2W] – Ripple is ready to rip. The 7-year double bottom has broken out at The neckline was successfully retested at ATH cleared — first target near ~$34, at 2.00 fib. extension of double bottom. → Compare with 2014–2017 setup,” the analyst wrote. His chart is drawn on a logarithmic scale with two-week candles, framing the move as a multi-cycle reversal rather than a short-term pop.
Could XRP Really Hit $34?
The geometry is clear on the chart. A broad W-shaped base stretching from the 2018–2024 bear market carved twin lows in the sub-$0.20–$0.30 region, then returned to a horizontal neckline that sits just above the $2 handle. Van Lagen marks an initial breakout attempt with a red cross just over that barrier, followed by a decisive surge and a pullback that tags support around the $2 area, annotated with
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