Alright fam, let’s dive into this juicy XRP setup because Ripple looks ready to make some serious waves! 🌊
On the 1D chart, XRP has just printed a textbook Double Bottom pattern right off a strong support zone at $2.6774. This bounce confirms heavy buying pressure stacking up at these levels. Even better, XRP has respected its broader ascending support channel, keeping the bullish structure intact.
Currently, XRP is trading around $3.02, showing impressive strength after a clean retest. The setup looks primed for continuation!
🔑 Key Levels:
Support: $2.6774 (confirmed bounce)
Resistance Target: $4.1072
Pattern: Double Bottom (bullish reversal)
📊 If we see volume surge with a breakout above previous highs, momentum could accelerate quickly toward that $4.10+ target.
💡 My Take:
The path of least resistance for XRP is clearly UP. This double bottom is a launchpad for the next bullish leg. For me, it’s a HOLD and even a stacking opportunity on Binance.
👇 Drop in the comments which altcoins you’re holding,
#XRP #Ripple #Bullish #TechnicalAnalysis #BinanceSquare #Crypto #PricePrediction
