After a week of confusing sideways action and multiple fakeouts, $XRP is finally flashing a strong bullish pattern that has caught the attention of top analysts โ and it could be the start of something big. ๐
๐ Pattern Breakout: Double Bottom with Higher Low
According to crypto analyst Ali Martinez, XRP has formed a classic double bottom structure. Whatโs more impressive is that it includes a textbook higher low, which often indicates the end of a downtrend and the beginning of a bullish reversal.
Following this setup, XRP has already bounced back to the $3.14 range, showing early signs of bullish momentum.
๐ The Critical Level: $3.25
All eyes are now on the $3.25 zone โ a key psychological and technical resistance area that rejected the price on July 27โ28.
๐ If XRP breaks through $3.25 with volume and momentum, analysts project a gradual rally toward the $3.60 zone by early August.
โ Above $3.25 = Bullish continuation
โ Rejection again = Setup failure, expect consolidatio
๐ Analyst Projection: $3.60 Target in Sight
The dotted projection in recent chart analyses suggests that if the breakout confirms, XRP could steadily grind through the $3.30s, targeting $3.60 as the next meaningful resistance.
Thereโs very little overhead pressure above $3.25, giving bulls the runway they need for a breakout.
๐ง What This Means for Traders
This is a classic "if/then" moment in price action:
๐ข If XRP reclaims $3.25, it opens up a strong opportunity for swing traders.
๐ด If it fails again, short-term bears might gain control, and the breakout setup could be shelved.
But for now, the structure looks stronger than ever, and bulls may finally have the technical setup theyโve been waiting for. ๐
๐ฌ Final Thoughts
Whether youโre trading or holding, this XRP move deserves close attention. Patterns like these โ especially double bottoms with volume โ have historically led to strong price rallies.
๐ฃ Are you ready if XRP breaks out? Let us know in the comments โฌ๏ธ