Analyst Sees XRP Reaching $50 as Long-Term Triangle Nears Breakout
Dutch analyst Gert van Lagen expects XRP to eventually reach $50, citing a long-running symmetrical triangle on its monthly chart. He identifies $2.10 as a critical resistance level and compares the setup with a past XRP/BTC rally. Some market observers on Crypto Twitter have challenged the prediction.
Gert van Lagen, a Dutch analyst, points to a symmetrical triangle that has developed on XRP’s monthly chart since 2018. He views $2.10 as the key resistance whose breach could activate the pattern and eventually support a $50 target.
He compares the setup to 2017, when XRP/BTC reportedly multiplied fiftyfold in two months, reaching 0.00011—a level he says would correspond to BTC at $450,000 and XRP at $50. Some Crypto Twitter users disputed the idea, citing skepticism and hypothetical sell walls near $32.
Such forecasts may shape retail investors' expectations and social-media discourse, potentially encouraging riskier trades. If targets fail, followers could face losses and eroded trust in analyst calls. Broader society may see continued debate over crypto's role, though XRP's price alone is unlikely to materially affect everyday life.