XRP is trading within a large rounding bottom on the weekly timeframe, and a breakout could push its price into double digits.
After a good start to the week, XRP has begun trending lower again. Over the past 24 hours, it has corrected by almost 2%, dropping from its intraweek high of $1.16 to the current price of $1.11.
Still, chart analysis shows that XRP remains on course for an outsized upward move, one that could take its price to unprecedented levels.
XRP In a Large Rounding Bottom
Looking at the weekly chart, we can see a large rounding bottom structure that XRP has strictly followed for months now. Since its July 2025 all-time high of $3.66, the coin has consistently aligned itself to the first part of this classic U-shaped pattern, making lower highs and lower lows.
Notably, the rounding bottom is a long-term reversal pattern, where momentum gradually shifts from bearish to bullish. Prices trend lower to the shape’s bottom, then bearish exhaustion kicks in. From the bottom’s support, bulls start to gain strength, pushing the asset higher to fill up the curve. What follows is a breakout to new heights.
Currently, XRP is at the bottom of this shape around the $1.10 support level. Notably, this aligns with a major area during the 2021 cycle where prices repeatedly faced rejection before breaking above in November 2024. Holding this support is crucial as it not only validates the rounding bottom pattern but also prevents prices from crashing to lower levels.
Trendline Breakout to Set Recovery in Motion
Within this U-shaped pattern is a descending trendline that has capped upside attempts since July 2025. Each rally to the resistance has ended up as a lower high, with XRP sliding lower from there.
Now that XRP has reached the bottom, the first crucial task on its path to recovery is breaking above this descending trendline, currently near $1.30. From the current market price, this represents a 17% growth.
If momentum sustains, XRP could continue its recovery to fill the rounding bottom structure. This could see it rise by 206% to the pattern’s resistance neckline at $3.40.
XRP to $10 in 11 Months?
Meanwhile, a successful breakout sets XRP on course for a strong upward move. Considering the bullish nature and length of the consolidation within the pattern, a move to a new all-time high of $10 could be the next line of action.
This target also came about while considering the depth of the rounding bottom. Specifically, XRP would rally by 201% from the bottom to the neckline resistance. A similar move after the breakout aligns with the $10 price level.
Notably, the timeline for XRP to reach this target remains unknown, but analysts are increasingly confident that it could happen in the next 11 months, aligning with June 2027. This remains highly speculative and requires a broader crypto recovery attempt. Bullish regulatory developments like the Senate passage of the CLARITY Act could also aid this rally.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

