XRP 4H – Double Bottom… or Just Another Lower High?

[lingriiddd]

XRP bounced cleanly from major support — the same zone that sparked its last leg up.

This could mark the early stages of a double bottom or just another bear market rally before continuation.

Previous top = strong supply rejection
Current support = high-volume bounce zone
Stoch RSI turning up from oversold

Key confirmation would be:
– Break of $3.15
– Retest + continuation

Otherwise? Another fakeout lower high could trap longs.

[jacson4]

Solid breakdown. The 4H structure is definitely at that "make or break" point — the double bottom idea looks clean at first glance, but without strong volume on the bounce, it might just end up being another lower high in a broader downtrend.The key, like you mentioned, is confirmation: does price reclaim a significant resistance and flip it into support, or does it reject and roll over again? RSI and OBV might help give some additional clues. Great chart work — following this setup closely.

[Nahid10]

This is exactly where so many get trapped — the double bottom formation is visually convincing, but in a weak macro or bearish trend, it often turns into a bull trap. That’s why context matters.If we don’t see bullish continuation with volume and a break of the last swing high, it’s safer to assume it’s just another lower high being formed. Love how this post presents both possibilities instead of blindly leaning in one direction — that’s real TA discipline. ️🧠