$XRP - Double Bottom Formation

On the 1Hr chart, #XRP is showing a classic double bottom pattern—a strong reversal signal.

Here's what stands out:

🔸️Bottom 1 and Bottom 2 both formed near the $2.30 support zone, showing clear buyer interest.

🔸️The neckline resistance is at approximately $2.45—a critical level to watch for a confirmed breakout.

🔸️If price breaks above $2.45 with volume, the measured move target could put the next upside level around $2.60–$2.65.

This setup suggests bullish momentum building, but confirmation will require a clean breakout and strong follow-through.

Until then, price is consolidating within the structure. A rejection at the neckline could also lead to retests of $2.30.

TLDR: High-reward setup forming. Key levels: $2.30 support, $2.45 neckline, $2.60+ target on breakout.