$XRP 📊 Analysis of XRP/USDT (1D)

A bullish formation "double bottom" / "round bottom" has formed on the daily chart with a breakout and a long structural break.

⚡️ Potential movement target of the formation — up to $4.23,

and according to Fibonacci levels — up to $5.96.

💡 Relevant for considering entry in the spot market — a strong technical signal with clear targets and confirmation on the chart.

1. The last time the MVRV ratio highlighted a golden cross, XRP soared by 630%. This signal has just appeared again.

2. Over the past two weeks, whales purchased 2.20 billion