XRP Triple Bottom Could Close at $0.91 Before Next Leg Up

While XRP appears to have entered a recovery phase, data shows its triple bottom structure could close at $0.91 before the next leg up.

XRP has climbed back above $1.5, posting a 12.5% gain this month, but the current recovery may not mark XRP’s official uptrend above the broader downturn. Notably, a deeper corrective move may still be ahead before any sustained bull run can begin.

Data shows a multi-cycle triple bottom pattern forming on XRP’s 2-week chart, with the current price action representing the final leg of a broader ABC correction that started from $3.4 in January 2025. If this structure plays out, one more pullback remains before XRP can launch its next major expansion phase.

Key Points

• XRP has gained 12.5% this month, recovering above the $1.5 level, but data suggests the asset still needs to complete a final corrective leg before the next bull run.
• This comes from XRP’s triple bottom structure, which has continued to form over multiple months, potentially pointing to a trend reversal.
• The current sell-off, which would lead to the final bottom, forms the C wave of an ABC correction that began after XRP dropped from $3.4 in January 2025.
• Data identifies $0.91 as the key bottom zone, where the 0.618 Fibonacci retracement, historical demand, and the final leg of the triple bottom structure all meet.
• A weekly close above $1.65 would break the descending corrective structure and act as the first major confirmation that the triple bottom is complete, and a new bullish phase has begun.

The XRP Triple Bottom Structure and ABC Correction

EGRAG Crypto, a prominent market watcher, discussed this in a recent analysis. He suggested that XRP has been forming a multi-cycle triple bottom over several months. According to him, markets do not move randomly but rather repeat familiar structures, and XRP is now approaching what he believes is the final stage of this months-long formation.

He pointed out that XRP has been building this three-bottom structure while staying in line with its long-term trend and moving average structure. This broader pattern has been developing quietly, and EGRAG believes the current price action marks the final descending phase of the overall structure, aligning with an ABC correction.

Data from his chart shows this ABC correction started after XRP hit a peak of $3.4 in January 2025. From there, the A wave brought prices down to $1.61 in April 2025. 

The B wave then triggered a strong recovery that carried XRP up to a new high of $3.6 by July 2025. However, the sell-off that emerged from that July peak now forms the C wave, which EGRAG expects to wrap up the entire corrective sequence before a larger move to the upside begins.

Why $0.91 Marks the Key Bottom Zone

EGRAG said $0.91 is the key area where the C wave will likely bottom out. Notably, several factors make this level stand out. First, it aligns with the 0.618 Fibonacci retracement, an important support level. It also falls within a previous demand zone where buyers have historically shown up in meaningful numbers.

On top of those factors, EGRAG noted that $0.91 marks the completion point of the final leg within the triple bottom structure. He also called this zone a likely final liquidity sweep, which would mark a sharp dip that shakes out less committed traders and collects sell-side liquidity before the market turns higher.

XRP to $1.65 Now First Major Signal of a Trend Reversal

While $0.91 marks where EGRAG expects the bottom to form, he identifies $1.65 as the first sign that conditions have shifted in favor of the bulls. A weekly close back above $1.65 would break the descending corrective structure that has been in place for months. This would suggest the triple bottom is done and that the market has moved out of its corrective phase.

Once XRP reclaims $1.65 on the weekly timeframe and breaks the descending corrective structure, EGRAG expects the chart to start pointing toward higher Fibonacci extension targets and the broader cycle structure that typically shapes multi-year market trends. 

While he failed to name specific price targets for this expansion phase, EGRAG clarified that the move following the triple bottom completion could be massive.