$XRP
*Bullish Analysis & Technical Patterns
Veteran analyst Gert van Lagen observes that XRP has formed a double bottom pattern for nearly 7 years and has already bounced from the neckline—opening up the possibility of a “parabolic” rally towards a high target of around $38.
Institutional bids have also increased: intraday volume surged past the $2.84 resistance, adding a market cap of up to $30 billion and making it the #3 token in the world.
*Investor Sentiment & Regret Buying
After XRP surpassed $3, thousands of investors expressed regret for not buying before that level, according to Edoardo Farina from Alpha Lions Academy.
*Price & Projections
Currently, XRP is trading in the range of $2.87–$2.95, facing strong resistance at $3.03. Current support is at $2.83 and $2.65.
#Conclusion #XRP
XRP has a 7-year double bottom formation – the bull target “parabolic” is now aimed at up to $38. Institutional flow and ETFs (ProShares, Grayscale) are further solidifying its dominance. The price is currently trading in the range of $2.87–$2.95, challenging resistance at $3.