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Double Bottom Alert: Is Ripple’s XRP Set for a Bullish Breakout?

2025-07-31 08:24:48

Description

TL;DR XRP defends $3.05–$3.10 support zone, forming a potential double bottom on the 4-hour chart. Exchange balances fall while wallet count nears 7.3M, signaling long-term holding activity. On-chain activity rebounds to 1B tokens as network use increases ahead of August. Chart Structure and Support Zone Ripple (XRP) continues to trade above a key support range between $3.05 and $3.10. This area has served as a foundation for several rebounds throughout July. Each time the price approached this ...

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$XRP
$2.9427
-3.04%

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