Market commentator Cobb recently expressed optimism for XRP, saying it has every chance of finishing the year with a sharp rally.
Notably, his outlook builds on a chart shared by CryptoInsightUK, who highlighted an impressive long-term pattern that has now moved in favor of the bulls.
XRP Forms Double Bottom
CryptoInsightUK’s three-month chart shows a double bottom pattern that took several years to play out. Specifically, the first bottom formed after XRP surged to $3.31 in January 2018 before crashing to $0.1140 in March 2020. From there, it staged a strong rebound and climbed to $1.96 in April 2021.
Meanwhile, the second bottom developed after another drop, this time from $1.96 down to $0.2870 in June 2020. Following that low, XRP worked its way back up, eventually reclaiming $1.95 by November 2024 amid a broader market uptrend triggered by the U.S. elections.
Importantly, the neckline of the pattern sat in the $1.95 to $2 zone. XRP finally broke above this barrier in December 2024, just weeks after the elections. This breakout confirmed the double bottom and opened the door for a fresh rally.
Notably, the move quickly lifted XRP to $3.4 in January 2025. After reaching this peak, XRP cooled off, spending six months in consolidation as it retested the neckline. The support around $1.95 to $2 held firm throughout this period.
In July 2025, XRP kicked off another recovery, breaking back above $3. Data from the charts indicate that this recovery marked the start of the next stage in the post-breakout rally, with momentum waiting to accelerate once buyers step in.
“Tell Me How XRP Isn’t Going to $8”
Cobb leaned on this structure when making his bold projection. He argued that with such a setup already in play, XRP has little standing in the way of an $8 run before year-end. “Tell me how XRP isn’t going to $8.00 end of 2025?” He questioned. For context, an $8 price from here would require a 166% increase from XRP’s current position.
Look at this and tell me how XRP isn’t going to $8.00 end of 2025? https://t.co/kCyBtPRB9n
— Cobb (@Cobb_XRPL) September 18, 2025
Meanwhile, CryptoInsightUK also sees bullishness beyond the dollar chart. In a separate analysis, he noted that on the daily XRP-to-gold chart (XRP/XAU), the XRP price still battles against a broader downtrend.
Notably, XRP has yet to break its all-time high against gold, as the precious metal continues to see new highs. Instead, XRP continues to hold around retracement zones. He explained that the weekly chart shows the pair coiling in a tight range, a sign that a major move could be forming.
Moreover, analyst Zenia is equally bullish on XRP. She explained that XRP already broke out of a bull flag, a continuation pattern that puts $5 as an immediate target. She also highlighted a larger formation stretching back to 2024, which suggests XRP could climb toward $15 if momentum continues.
Zenia also highlighted new fundamentals that could bolster XRP’s run. Specifically, the U.S. recently approved the first spot XRP ETF, while DBS and Franklin Templeton have entered a new partnership with Ripple.
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.
