XRP Breaks Down Double-Bottom Formation as Institutional Buying Accelerates

The token just flashed a textbook double-bottom pattern on the weekly chart—exactly the kind of setup traders watch for reversals. What's got everyone talking though? ETF inflows jumped 47% in the recent period, suggesting serious institutional interest is showing up in the order flow.

So what does this mean for price action going forward? The combination of a confirmed double-bottom and surging fund inflows typically signals renewed buying momentum, but nothing's guaranteed in crypto markets. The bigger question is whether this momentum can hold at key resistance levels, or if we're looking at a brief spike followed by consolidation.

For XRP holders, the technical setup looks encouraging—institutional capital flowing in while price carves out a reversal pattern. Still, traders should watch volume closely and keep an eye on whether breaks above local resistance actually stick around.