📈 XRP – interesting setup on the 1h timeframe
After yesterday's downward trend, where higher lows (HL) and lower lows (LL) were being formed, we are currently entering a consolidation phase. Interestingly, a double bottom pattern is appearing, which, with the appropriate volume, could initiate an attack on the $3.66 zone! 🔥
Of course, it all depends on whether the bulls show strength and break through the next resistance levels. If so, we could see a return to strong growth. Personally? I would be super happy if this scenario played out 😁
Otherwise, if the volume doesn't cooperate, we will likely consolidate in the range of $3.36 – $3.47, waiting for either the bulls to strike with momentum or the bears to take control.
⏰ Observation, alerts ready – and we wait for a stronger move.
#xrp $XRP #Xrp🔥🔥 #DoubleBottom #CryptoAnalysis"