XRP Is Forming a Multi-Cycle Triple Bottom That Has Been Building Since 2015

XRP is approaching what analyst EGRAG Crypto describes as the final phase of a triple bottom formation that spans more than a decade of price history.

The pattern, visible on the bi-weekly chart on Binance, covers three major structural lows across 2015, 2020, and the current cycle, and it carries implications for where XRP could head if the setup completes as mapped.

What a Triple Bottom Actually Means

According to the analysis, before getting into the XRP-specific levels, the pattern itself is worth understanding. A triple bottom is a bullish reversal structure defined by three distinct lows forming at roughly similar price levels, each separated by recovery attempts that fail to break the overall downtrend.

The pattern signals that sellers have tried three times to push price lower, failed each time to generate follow-through, and exhausted the dominant selling pressure. Confirmation comes when price breaks above the resistance line connecting the recovery highs between the three bottoms. That break, ideally on increased volume, is when the pattern is considered complete and the expansion phase begins.

The failure rate on triple bottoms runs between 10% and 30% depending on the timeframe and confirmation criteria used, which means the setup is meaningful but not a certainty.

The Decade-Long Structure on XRP

EGRAG Crypto’s chart uses a logarithmic scale on the bi-weekly timeframe, which is the appropriate lens for an asset that has moved from fractions of a cent to multiple dollars across its trading history. On that scale, three major bases are clearly visible.

The first formed in 2015, when XRP established its earliest significant structural low near the $0.10 level. The second came around 2020, another multi-month base at similar structural support. The current cycle appears to be forming the third bottom, with price compressing in what EGRAG labels an ABC corrective descent that has been playing out through 2025 and into early 2026.

The analyst identifies the confluence zone for the final C leg of that correction at approximately $0.91. Three factors converge at that level: the 0.618 Fibonacci retracement of the prior expansion, previous structural demand from 2024 price action, and the projected endpoint of the current corrective leg. That combination makes $0.91 a level worth watching as a potential liquidity sweep before any reversal attempt. XRP is trading at $1.4724 at the time of writing, meaning the $0.91 zone represents meaningful downside from current levels if the final corrective leg plays out as EGRAG projects.

Tokenized Commodities Have Grown 4.8x in 12 Months: Gold Tokens Account for 99% of the Market

The Level That Changes Everything

EGRAG is clear about what constitutes the first real signal that the triple bottom is complete rather than still forming. That signal is a weekly close above $1.65.

At $1.65, XRP would break the descending corrective structure that has defined the current cycle’s lower highs. That break would confirm that the C leg of the ABC correction has finished and that buyers have reclaimed enough ground to shift the macro structure. Until that happens, the pattern remains incomplete and the $0.91 risk remains active.

The distance between current price and $1.65 is approximately 11%. XRP has already covered significant ground today, as covered in earlier reporting on the 10% weekly gain and the compression channel structure. Whether the current momentum is enough to push through $1.65 on a weekly closing basis, rather than just an intraday spike, is the question the setup is asking.

What the Fibonacci Extensions Suggest

EGRAG’s chart maps the Fibonacci extension levels that become relevant once the $1.65 breakout is confirmed. The 0.786 level sits at $1.9354, the 0.888 at $2.3781, and the 1.0 extension at $3.5375. Beyond those, the macro expansion targets align with the 1.272 extension at $9.2799, the 1.414 at $15.3534, and the 1.618 at $31.6470.

Those upper targets are cycle-level projections based on the full magnitude of the triple bottom pattern, not near-term price calls. They represent the potential measured move of the formation if the breakout completes and the expansion phase mirrors the scale of prior XRP bull cycles on the same logarithmic structure. Treating them as short-term targets would misread what the chart is actually saying.

The immediate trade structure EGRAG outlines is more grounded. Watch $0.91 as the final bottom zone if price corrects further. Watch $1.65 as the first confirmation that the correction is over. Everything above that is conditional on what happens at those two levels first.

The post XRP Is Forming a Multi-Cycle Triple Bottom That Has Been Building Since 2015 appeared first on ETHNews.