XRP Triple Bottom Nears Completion: Top Analyst Shares What Comes Next

XRP is quietly approaching a critical moment in its long-term structure, as recent price behavior suggests a rare formation may be nearing completion. 

Notably, XRP has shown bullish momentum over the past few days, rallying considerably to reach an over-one-month high of $1.60. While short-term volatility continues to dominate proceedings, a broader view of the chart reveals a pattern that has been developing over several months.

Key Points

• XRP is quietly approaching a critical moment in its long-term structure, as recent price behavior suggests a rare formation may be nearing completion
• The current structure resembles a triple-bottom pattern spanning multiple phases within a broader ABC formation.
• The current phase is a corrective sequence, with prices gradually moving through what could be the final leg of this structure.
• A key area to watch sits near the $0.91 region, as it aligns with previous demand, a major Fibonacci retracement level, and the lower boundary of the broader structure.
• While the lower range defines potential support, the first sign of structural strength sits at the $1.65 price level.
• Reclaiming this level on a higher timeframe would suggest that XRP has broken the descending structure.

XRP Shapes Within Rare Multi-Cycle Structure

Market technician EGRAG Crypto highlighted that from a macro perspective, XRP appears to be forming a multi-cycle base, with price repeatedly stabilizing at a similar price level before attempting to move higher. These types of formations tend to emerge over extended periods and often signal a transition phase.

When zoomed out, the current structure resembles a triple-bottom pattern spanning multiple phases. Each base reflects a period where selling pressure weakened and demand began to stabilize price action. Over time, this creates a foundation that can support a larger directional move if confirmed.

Meanwhile, EGRAG noted that XRP appears to be nearing the final phase of this formation. The current phase is a corrective sequence, with price gradually moving through what could be the final leg of this structure. This has seen XRP trade within a descending wedge in a broader ABC pattern.

For context, wave A formed when XRP dropped from its January 2025 peak of $3.39 in January 2025 to $1.61 in April 2025. The B wave followed, pushing the coin back to its current ATH of $3.6 in July 2025. The final C wave is currently in play within the descending channel.

Key Levels to Watch

According to EGRAG, a key area to watch sits near the $0.91 region. This zone aligns with previous demand, a major Fibonacci retracement level, and the lower boundary of the broader structure, making it a crucial level for prices. If the XRP price revisits this area, it could act as a final bottom before a shift in momentum.

While the lower range defines potential support, the first sign of structural strength sits much higher. The market technician noted that moving above $1.65 is the first macro signal that a bullish reversal is on course.

Reclaiming this level on a higher timeframe would suggest that XRP has broken the descending structure, indicating that the prolonged corrective phase may be ending. In many cases, this type of shift marks the transition from consolidation into a new upward phase.

If that transition unfolds, the broader structure begins to open toward higher targets, guided by long-term cycle dynamics. EGRAG’s chart shows a possible breach of the major resistance at $3.53 before a sustained move towards the 1.618 Fibonacci level at $0.64.