XRP Finally Forming a Bottom? Retail Investors Hopeful as It Hits Double Bottom Level

▲ XRP / AI-generated image

XRP has once again approached the double-bottom level formed in early 2026, standing at a crossroads between the end of its downtrend and a potential technical rebound.

According to cryptocurrency media outlet U.Today on February 25 (local time), XRP has broken through weeks of downward pressure and entered a key support zone where strong buying interest previously emerged. Market participants expect this price range to once again confirm a bottom and potentially halt the declining trend, marking a historic turning point. Although no clear reversal signal has been identified so far, proximity to this support level is considered a crucial factor in determining XRP’s short-term outlook.

From a technical perspective, sellers still dominate the market. The price structure continues to show a pattern of lower highs and lower lows, with XRP trading below major moving averages. However, market movements are not linear, and price declines have historically weakened near levels that previously triggered strong reactions. XRP’s approach to the zone where the double-bottom pattern formed could signal that selling pressure is nearing exhaustion.

Analyst Arman Shirinyan cautioned that mere price stabilization does not necessarily lead to a trend reversal. For a double-bottom pattern to carry meaningful significance, it must be supported by active buying above the established lows. If a strong defense fails to materialize in this area, the market risks breaking below support and extending its downtrend. At this stage, the actual price action that follows is more important than the specific price level itself.

If XRP slows its decline at the current level and establishes a new support base, it is more likely to enter a consolidation phase rather than suffer additional losses. Shirinyan advised closely monitoring market reactions in anticipation of a scenario similar to past patterns. Whether XRP can hold above support may lay the groundwork for a potential recovery rally.

XRP now stands at a critical juncture between confirming a technical bottom and continuing its downward trend, with this week’s price action likely to shape its trajectory for the coming months. Key factors include whether movement within the descending channel slows and whether liquidity flows in near support levels. Investors are advised to adopt a cautious approach and prepare for volatility while assessing the strength of the support zone.

Disclaimer: This article is for investment reference only and does not accept responsibility for any investment losses incurred based on its content. The information provided should be interpreted solely for informational purposes.