New XRP Price Prediction Gains Attention in Crypto Community
A striking new price forecast for XRP is making waves within the cryptocurrency sector, as technical analyst Gert van Lagen suggests a potential surge to $38—representing an astonishing 1,190% increase from the current price of $2.84. While this projection is based on long-term chart analyses, many investors are skeptical about the likelihood of such a dramatic rise, particularly as Ripple’s ongoing legal tussle with the SEC continues to cast a shadow over market sentiment.
Long-Term Chart Patterns Fuel $38 Projection
On July 15, 2025, analyst Gert van Lagen showcased a 7-year chart of XRP on social media platform X, highlighting a double bottom and the development of a long-term ascending triangle pattern. According to van Lagen, these chart formations have historically preceded significant bullish movements. He believes that XRP is now positioned to replicate the breakout behaviors observed in past market cycles, projecting a parabolic rally following a rebound from a crucial 7-year support level, with a conservative price target of $38 rooted in historical breakout trends.
Van Lagen stressed the rarity and historical effectiveness of technical formations like the double bottom and ascending triangle, which have often led to substantial price increases. Citing analyses from Investopedia regarding double bottom reversals, he pointed out that confirmed patterns of this kind have previously resulted in gains exceeding 2x, strengthening the argument for an XRP climb toward the $38 mark. Currently, XRP has maintained its position above the $2.80 support level after previously consolidating below $2.40 for an extended period. With a market capitalization of $173.9 billion, achieving a price of $38 per coin would lead to a total valuation of approximately $2.3 trillion—surpassing even Bitcoin’s current market cap of $1.2 trillion, raising eyebrows among analysts and investors closely monitoring Ripple XRP developments.
Ripple Ecosystem Adoption is Crucial
The ambitious target of $38 not only ignites optimism but also prompts critical inquiries. A price increase of this scale would necessitate significant inflows from both retail and institutional investors, regulatory clarity, and broad adoption of Ripple’s ecosystem, including services like RLUSD and the XRP Ledger. Given the ongoing Ripple vs SEC litigation, some experts view this prediction as overly optimistic. At the time of reporting, XRP was priced at approximately $2.89, reflecting a decline of 3.25% over the previous 24 hours.
The ascending triangle pattern, often recognized as a continuation structure, can lead to price increases but typically requires consistent trading volume and positive market sentiment to validate breakouts, as outlined in LiteFinance’s analysis for 2024. However, such successful breakouts are not guaranteed, especially in the volatile crypto landscape, where speculative trends and regulatory uncertainties, such as the SEC’s actions against Ripple, can hinder momentum.
Conflicting Predictions Highlight XRP’s Uncertain Path
The recent XRP price forecast sharply contrasts with more cautious predictions from the community. Data from Binance indicates that many users anticipate the price of Ripple to remain below $10 in the current cycle, reflecting skepticism despite XRP’s current buoyancy above $2.80 and a recent uptick in trading activity. A short-term price correction may be on the horizon, as the Relative Strength Index (RSI) indicates bearish divergence, suggesting profit-taking and potential exits by previously trapped investors.
Nevertheless, the case for long-term optimism remains compelling. Ripple Labs is actively forging partnerships throughout Asia, and the utility of XRP in facilitating cross-border transactions continues to be a vital aspect of its value proposition. Furthermore, if the ongoing SEC litigation involving Ripple reaches a favorable resolution, or if clearer cryptocurrency regulations are established in the U.S., the potential for a significant repricing of XRP could become a reality. Observers in the community are keenly awaiting updates on the XRP court case today, as developments in the Ripple SEC saga play a crucial role in shaping market sentiment. Additionally, ongoing discussions about the potential launch of an XRP exchange-traded fund (ETF) add further intrigue to long-term price projections for XRP in 2025 and beyond.
A Price Forecast or a Pipe Dream?
Although Gert van Lagen’s ambitious $38 target is grounded in technical analysis, its feasibility ultimately depends on wider market dynamics. For XRP’s price models to substantiate a $2 trillion market valuation, it would likely need to establish itself as a global standard for settlement rather than merely a speculative asset. Nevertheless, historical trends have shown that both XRP and the broader cryptocurrency market can achieve remarkable growth, contingent upon favorable narratives, timing, and overall market sentiment. As XRP remains stable around $2.94, all eyes will be on any signs of a confirmed breakout from the ascending triangle pattern. Whether this sets the stage for a significant upward movement or falters under the weight of economic and legal uncertainties is a question that remains to be answered.
