$XRP DOUBLE BOTTOM — BREAKOUT INCOMING?
Guys..
$XRP /USDT is showing an interesting Double Bottom structure on the 1H chart!
First low: ~$1.0128
Second low: ~$1.018–$1.020
Key neckline: ~$1.0364
Right now $XRP is sitting just below the neckline.
If XRP gets a strong 1H close above $1.0364 with rising volume, the pattern could confirm a bullish breakout.
Next resistance: ~$1.0497
Then: ~$1.0630
Pattern target: around ~$1.06
But remember: No breakout = no confirmation.
A rejection from the neckline could send price back toward the lower support zone.
Is XRP preparing for another move up?
Bullish or fakeout? 👇
#xrp #BinanceSquareFamily #TechnicalAnalysiss #altcoins
Guys..
$XRP /USDT is showing an interesting Double Bottom structure on the 1H chart!
First low: ~$1.0128
Second low: ~$1.018–$1.020
Key neckline: ~$1.0364
Right now $XRP is sitting just below the neckline.
If XRP gets a strong 1H close above $1.0364 with rising volume, the pattern could confirm a bullish breakout.
Next resistance: ~$1.0497
Then: ~$1.0630
Pattern target: around ~$1.06
But remember: No breakout = no confirmation.
A rejection from the neckline could send price back toward the lower support zone.
Is XRP preparing for another move up?
Bullish or fakeout? 👇
#xrp #BinanceSquareFamily #TechnicalAnalysiss #altcoins