XRP Price Completes 7-Year Double Bottom Amid Prep For Moonshot To $19
Crypto analyst Bobby revealed that the XRP price has completed a consolidation pattern, hinting at a potential parabolic rally for the altcoin soon. The analyst suggested that XRP’s price could rally to double digits once this rally occurs. XRP Price Eyes Rally To $19 As It Completes Double-Bottom Pattern In an X post, Bobby indicated that the XRP price has completed the macro double-bottom pattern, which it had spent over seven years building. The analyst’s accompanying chart showed that the altcoin is now gearing up for a rally to as high as $19 following the completion of this....
Related News
The Solana price had a relatively better performance than most large-cap crypto assets in September, posting a double-digit gain in the past month. The altcoin has made an even stronger start to October, enjoying the opening days of the month with an over 10% price jump so far. It is worth mentioning, though, that the Solana price somewhat struggled going into the weekend, which has seen the loss of the $230 mark. However, the latest on-chain data suggests the SOL token might only be taking a break, as it has yet to encounter the next major obstacle to its continuous ascent. Sustained....
XRP’s performance in the ongoing 2025 bull run has become one of the most discussed topics in crypto, as the token continues to challenge the dominance of Bitcoin, Ethereum, and BNB. In a recent video shared on the social media platform X, crypto commentator Zach Rector described what he called the inconvenient truth of this market cycle: XRP is currently outperforming most of the top 50 cryptocurrencies in percentage growth since the last US presidential election and from the depths of the previous bear market. Ethereum, BNB, And Bitcoin’s Performance Rector began his comparison by....
XRP’s price history and trajectory have always caused debates among cryptocurrency enthusiasts, especially when compared to Bitcoin’s growth. Bitcoin has soared more than sixfold in the past seven years, but XRP is still trading around $3.02, roughly the same level it was trading at in early 2018. This comparison recently resurfaced in a post by analyst Adam Livingston on the social media platform X, who pointed out that XRP’s lack of progress stands in stark contrast to Bitcoin’s 608% surge during the same period. In response, Digital Asset Investor, a well-known voice in the XRP....
The selling pressure in the Bitcoin market is not as bad as it was during the Terra and Three Arrows Capital crises. Bitcoin’s (BTC) price may climb by more than 50% in September, a month otherwise considered ominous for the cryptocurrency due to its poor historical returns. BTC price double-bottom and then to $30K?The conflicting upside signal comes from a potential double-bottom pattern on Bitcoin’s longer-timeframe charts against the United States dollar. Double-bottoms are bullish reversal patterns that resemble the letter W due to two lows and a change in direction from downside to....
Many successful traders look for double bottom and W bottom reversal patterns on technical charts in order to spot powerful price reversals. Trading in the direction of the trend is one of the best ways to be profitable. If traders learn to spot a new trend early, it provides an opportunity to buy with a good risk to reward ratio. In addition to identifying a trend, traders should also be able to recognize when it has reversed direction.While several patterns signal a possible trend change, one of the easiest to spot is the double bottom pattern. This can help traders change their strategy....