XRP Triple Bottom & Upbit Volume Surge Signal $3 Rally
XRP has formed a powerful triple bottom on the weekly chart, holding firm at the $2.10–$2.15 demand zone for a third time. Each retest has absorbed sell pressure and drawn new buyers, weakening sellers’ control. This high-timeframe reversal pattern signals a potential mid-term breakout toward the $3 psychological level.
Meanwhile, on Korea’s largest exchange Upbit, XRP’s 24-hour trading volume on Upbit surged to $315 million, surpassing Bitcoin’s $218 million. This rare shift reflects growing Korean trader preference for XRP’s liquidity and price action over BTC’s store-of-value narrative. Market analysts view the combined technical setup and volume surge as a strong bullish indicator, suggesting increased institutional interest and a possible rally in both short-term and mid-term timeframes.
Bullish
XRP’s weekly triple bottom at a major demand zone is a classic bullish reversal pattern that historically precedes sustained rallies. Similar setups on other altcoins have led to 20–30% gains within weeks. The simultaneous volume surge on Upbit, overtaking Bitcoin, indicates strong retail and institutional demand, reinforcing upward momentum. In the short term, traders may target the $2.50–$2.80 range before testing the $3 mark. Over the mid to long term, sustained support at $2.10 and continued high liquidity could underpin further gains as investor confidence grows.