XRP Price Prediction: Double Top Pattern Flashes Red – Is the XRP Bull Run Already Over?

Key Points

1. A double top pattern at $3.66 has turned the near-term XRP price outlook bearish, casting doubt on the broader altcoin market.

2. The CLARITY Act, expected to pass in October, could classify decentralized blockchains as commodities (CFTC) and centralized ones as securities (SEC), potentially benefiting XRP.

3. XRP's price is hovering near a projected bottom at $2.79, with a potential 30% upside if it rebounds to reclaim $4.

4. XRP's legal battle with the SEC remains a key obstacle, sidelining institutional demand until regulatory clarity is achieved.

5. Despite missing major market narratives, XRP's community-driven momentum and potential regulatory breakthroughs could reignite its bull run.