XRP Forms Triple Bottom at Key Demand Zone, Bulls Eye $3.
According to market commentator CryptoHarmony, XRP has once again demonstrated remarkable resilience by tapping the same weekly demand zone for the third time, forming a powerful triple bottom, one of the most reliable high-timeframe reversal patterns in technical analysis.
Therefore, this repeated support test signals a clear shift in market dynamics, as buyers increasingly assert dominance over sellers.
XRP continues to hold the $2.10–$2.15 demand zone with increasing strength. Each retest sparks stronger buying, signaling weakening sell pressure and growing market confidence.
A triple bottom on a weekly chart is a powerful bullish signal. It forms as price repeatedly holds a key support, weakening sellers’ control. For XRP, this pattern points to a potential sustained upward move once confirmed.
Against the broader market backdrop, momentum is clearly shifting toward buyers. A breakout from this triple bottom could trigger a mid-term rally toward the psychological price of $3, with high-timeframe reversal patterns offering both technical validation and trader confidence.
Well, XRP’s steadfast support at the $2.10–$2.15 zone signals strong institutional interest. Each retest absorbs selling pressure while drawing new buyers, indicating bulls are steadily seizing control and setting the stage for potential upside.
Therefore, XRP’s consistent support at the $2.10–$2.15 weekly zone and the emerging triple bottom indicate a shift in market control. Sellers are waning, buyers are gaining strength, and a mid-term rally toward $3+ is increasingly likely.
XRP Overtakes Bitcoin on Upbit: Korean Traders Spark Major Shakeup
On Korea’s largest exchange Upbit, XRP has overtaken Bitcoin in 24-hour trading volume, a rare milestone Xaif Crypto calls “XRP sitting at 1, officially leaving Bitcoin behind.”
Therefore, the surge highlights a clear shift in Korean trader preference and has analysts watching closely.
Notably, XRP’s 24-hour volume on Upbit surged to $315M, outpacing Bitcoin’s $218M. On a major, high-liquidity exchange serving millions of Korean traders, this rare shift signals changing trader preference, and potentially broader market sentiment, in a key crypto hub.
Korean traders, known for early altcoin adoption, are driving XRP’s latest surge, signaling rising confidence in its use cases, institutional support, and upcoming tech. While Bitcoin grabs headlines, XRP’s momentum shows traders now favor short-term liquidity and price action over BTC’s traditional store-of-value narrative.
Market watchers highlight an unusual surge in XRP-to-BTC volume on Upbit, a rare anomaly in recent years.
Xaif Crypto suggests this isn’t a fleeting spike but a potential regional trend, with Korean traders flocking to high-momentum assets promising faster gains.
What does this mean? Well, XRP is shaking up Korea’s crypto scene, drawing traders who traditionally favored Bitcoin. If momentum holds, it could reshape regional trading trends and signal wider portfolio diversification, with Upbit now firmly in XRP’s spotlight.
Conclusion
XRP’s triple bottom at the $2.10–$2.15 weekly demand zone signals a clear shift in market sentiment. With sellers weakening and buyers taking control, the path is set for a potential mid-term rally toward $3 and beyond, presenting a high-probability bullish opportunity for traders and investors.
On the other hand, XRP’s surge past Bitcoin on Upbit signals a potential shift in Korea’s crypto market. The altcoin’s trading dominance reflects rising investor confidence, regional momentum, and growing demand for high-liquidity alternatives.
Source: https://coinpaper.com/12581/xrp-triple-bottom-meets-explosive-upbit-volume-is-a-breakout-looming
