XRP’s Triple Bottom Formation Signals Possible End Of Downtrend
XRP is showing signs of a potential trend reversal as a multi-cycle triple bottom formation begins to take shape on the macro chart. This rare structure suggests that selling pressure may be nearin...

Source: NewsBTC
XRP is showing signs of a potential trend reversal as a multi-cycle triple bottom formation begins to take shape on the macro chart. This rare structure suggests that selling pressure may be nearing exhaustion, with price stabilizing around key support levels. As the pattern approaches completion, attention is shifting to whether this setup could mark the end of the downtrend and the start of a new bullish phase. XRP Forms Rare Multi-Cycle Triple Bottom Structure Charting the macro structure, EGRAG CRYPTO highlighted that the XRP chart is forming a pattern that many market participants may be overlooking, a multi-cycle triple bottom formation. Patterns like this carry weight because markets move in repeating cycles rather than random chaos, and XRP now appears to be approaching what could be the final phase of this long-term setup. Related Reading: The $1.35 Floor: How Extreme Negative Funding Is Priming XRP For A High-Velocity Trend Reversal From a structural perspective, the chart re