XRP Forms Double Bottom Pattern: Technical Analysis Suggests Bullish Signal

Crypto analyst Egrag Crypto has provided a technical analysis of XRP, revealing a potential bullish signal despite recent market fluctuations. According to the chart shared via TradingView and commentary on social media, XRP has formed a double bottom at approximately $2.3126, showcasing resilience above a key descending trend line. The analyst emphasizes that this red descending trend line acts as a confirmation of XRP’s strength.