Double Bottom Ignites XRP’s Push Toward the $3 Zone

XRP Eyes $3 as Double Bottom Pattern Signals Bullish Rebound According to renowned market analyst Steph is Crypto, XRP could be on the verge of a significant upward move, potentially targeting the psychological $3 ￰0￱ key catalyst behind this optimism is the emergence of a classic double bottom pattern, a technical formation often associated with trend reversals and bullish momentum. A double bottom occurs when an asset tests a support level twice without breaking lower, creating a W-shaped pattern on the ￰1￱ formation is widely regarded as a reliable indicator that selling pressure has subsided and buyers are stepping back ￰2￱ XRP’s case, the pattern has taken shape around the $2.50–$2.60 range, suggesting that the market may have found a strong foundation for its next leg ￰3￱ is this development worthwhile?

Well, the double bottom signals short-term selling exhaustion, setting the stage for renewed ￰4￱ volumes and favorable market trends suggest growing investor confidence. Interestingly, XRP is showing bullish signals as declining exchange reserves hint at long-term holding, while rising trading volumes reflect active retail and institutional ￰5￱ with a double bottom pattern, these dynamics suggest XRP may be quietly building momentum toward a potential ￰6￱ is expected? Well, XRP’s double bottom signals a potential bullish surge from the current price of $2.62, with $3 as a key psychological ￰7￱ technical and fundamental indicators suggest momentum is building, positioning XRP to turn its current consolidation into a launchpad for the next major ￰8￱ XRP’s double bottom, rising volumes, and shrinking exchange reserves point to a potential bullish ￰9￱ short-term volatility persists, technical and market signals suggest the $3 psychological level is within reach, offering investors a prime entry as sentiment shifts toward cautious optimism.