Crypto Analyst Predicts $5 XRP All-Time High – Double Bottom Pattern Spotted

XRP is displaying a familiar double bottom pattern on its daily chart, prompting prominent crypto analyst Steph Is Crypto (@Steph_iscrypto) to predict a new all-time high of $5. This prediction stems from his analysis showing two distinct price lows separated by a recovery, signifying a potential reversal in the asset’s price action. This pattern aligns with a historical breakout that saw XRP surge almost 92% in July and reach an all-time high of $3.65. After experiencing some market correction, Steph believes the current double bottom formation signals an imminent breakout.