🚨 $XRP : Calm Before the Storm? 🚨


XRP is flashing bullish signals 📈 after bottoming around April 7. A W-shaped double bottom is forming — often a strong reversal pattern. If we break above $2.35–$2.36 resistance, next stops are $2.44 and possibly $2.60. 👀


Zooming out, the Elliott Wave structure looks promising: we’ve seen a full WXY correction + a completed 5-wave up + 3-wave pullback — textbook setup for another 5-wave rally. Bullish case holds above $2.11, with key support at $2.22, $2.15, and $2.11.


⚠️ BUT... keep an eye on funding rates. They’re creeping up (0.01%/8h now). If they hit 0.02%+ and price doesn’t move — expect a flush. A dip below $2.25 could send XRP back to $2.01, $1.90 or even $1.55.


🧠 TL;DR: Bulls are still in the game, but overheated longs could trigger a reset — which might just be the perfect launchpad. 🚀