CryptoBull (@CryptoBull2020), a widely followed crypto analyst on X, recently shared a chart of XRP’s monthly performance, suggesting an upcoming rally for the asset. His post places focus on a technical formation that many traders recognize as a potential precursor to significant upward movement. The chart illustrates a rounding bottom pattern , which develops when price action gradually declines, consolidates at a low point, and then steadily rises again to retest prior resistance levels. On XRP’s monthly timeframe, this pattern is visible following the decline that began in early February . #XRP monthly chart. Next is $7 – $8. pic.twitter.com/R6oDKbBT0b — CryptoBull (@CryptoBull2020) August 31, 2025 The Rounding Bottom Pattern Following a rally of over 500% between November 2024 and January 2025, XRP succumbed to market bearish pressure and lost the $3 support. This decline led to an extended consolidation phase with a gradual decline to a low point in April. XRP regained its momentum in the following months, going on another historic run in July to an all-time high of $3.65 . However, this momentum was short-lived, as the asset began August with a decline , and has failed to regain its momentum from July. Despite its lackluster performance, the digital asset is still within the rounding bottom pattern. The chart shows that August’s performance has also stayed above a crucial resistance level despite another decline toward the end of the month . XRP Price Targets and Growth Potential With XRP about to break out of this pattern, CryptoBull has set a target range of $7 to $8. This projection implies a considerable increase from current levels. With XRP trading around $2.77 at the time of analysis, a move to $7 would represent growth of approximately 149%. Reaching $8 would extend that gain to about 184%. A rounding bottom pattern on higher timeframes, such as the monthly chart, is generally interpreted as a long-term bullish signal. In XRP’s case, the neckline of the formation sits near $2.8. Sustained price action above this level would confirm the breakout of the structure, opening the path toward significantly higher valuations. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 The technical reasoning behind these targets rests on the measured move concept. When the breakout occurs, traders typically project upside potential equal to the depth of the curve, which in this case aligns with the range CryptoBull has identified. Additionally, XRP remains above its 200-day moving average, further reinforcing a bullish stance. The moving average has begun to slope upward, aligning with the price consolidation and suggesting underlying strength in the broader trend. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post XRP Price Prediction: Monthly Chart Analysis Sees Major Rally to $8 appeared first on Times Tabloid .
