XRP Breaks Record High Amidst Technical Signals of Potential Reversal

Crypto analyst Ripple Bull Winkle has pointed out a potential reversal pattern on XRP’s price chart, drawing attention to similarities with the setup observed before the asset’s previous 600% rally. His analysis suggests that a double-bottom formation is forming on the chart, coinciding with a historical accumulation zone near $0.240. This region has previously marked the start of major upward movements for XRP, accompanied by substantial buying activity. Winkle believes current market momentum could lead to another breakout if the pattern holds.