Double Bottom Alert: Is Ripple’s XRP Set for a Bullish Breakout?
Jul, 31, 2025
< 1 min read
by Olivia Stephanie
for CryptoPotato

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 zone, buyers stepped in to defend it. That behavior has kept the structure of the chart steady.
Double Bottom Alert: Is Ripple’s XRP Set for a Bullish Breakout?
Jul, 31, 2025
< 1 min read
by Olivia Stephanie
for CryptoPotato

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 zone, buyers stepped in to defend it. That behavior has kept the structure of the chart steady.