Analysts Predict XRP Price Increase Amid Double Bottom and Bullish Divergence
Technical analysts spot bullish patterns in XRP's price chart, suggesting a potential recovery despite recent struggles.
Technical analysts spot bullish patterns in XRP's price chart, suggesting a potential recovery despite recent struggles. XRP (XRP) is trading at $1.30, up 0.8% since this brief published. This is an original TLT brief based on reporting by The Crypto Basic, with live market data added, as of Thu, 29 Oct 2026 15:00:05 UTC.
The identification of a double bottom and bullish divergence could signal a trend reversal for XRP, impacting investor sentiment and trading strategies in the short term.
- XRP shows a double bottom and bullish divergence on its price chart.
- Analysts predict a potential price increase despite current struggles around $1.29.
- XRP's market cap stands at $81.71B, with a 2.16% drop in the last 24 hours.
- Kaspa and Cardano Analysts Predict Bullish Momentum Amidst Market Recovery
- Analysts Predict XRP Price Increase Amid Double Bottom and Bullish Divergence — this brief
Technical analysts are predicting a potential price increase for 
XRP after identifying a double bottom and bullish divergence on its price chart. Mikybull Crypto, in a post on X, highlighted these patterns and suggested that XRP could be preparing for a recovery.
According to CaptainAltcoin, XRP is currently struggling around the $1.29 mark. However, analyst Matthew Dixon believes that the broader correction may be nearing its end. Dixon interprets XRP's recent movements as part of an ABC corrective structure, which could indicate a forthcoming upward trend.
The consensus among the outlets is that the technical indicators point towards a potential price increase for XRP. While The Crypto Basic focuses on Mikybull Crypto's analysis, CaptainAltcoin provides additional context from Matthew Dixon's perspective, who sees the current phase as part of a corrective phase following a strong advance.
XRP's price has been under pressure recently, with a 2.16% drop in the last 24 hours and a 2.52% decline over the past week. Despite this, the cryptocurrency maintains a substantial market cap of $81.71 billion, reflecting its significant presence in the market.
The overall cryptocurrency market remains relatively flat, with a total market cap of $2.76 trillion. 
Bitcoin, the leading cryptocurrency, has experienced a 0.51% drop in the last 24 hours. The Fear & Greed Index stands at 51, indicating a neutral sentiment in the market.
Since this brief published about 2 hours ago, XRP (XRP) has moved from $1.29 to $1.30 — +0.78%.
The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 XRP ≈ ₦1,798.02 (about $1.30), down 0.7% over 24 hours. The naira itself trades about 2.7% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Analysts Predict XRP Price Increase Amid Double Bottom and B — questions & answers
What technical patterns suggest a potential XRP price increase?
A double bottom and bullish divergence on XRP's price chart suggest a potential price increase.
How is XRP's current price performing?
XRP is currently priced at $1.29, with a 2.16% drop in the last 24 hours.
What is the broader market sentiment?
The overall market is flat with a total market cap of $2.76 trillion, and the Fear & Greed Index is at 51, indicating neutral sentiment.
How much is 1 XRP worth in naira today?
About ₦1,798.02 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $1.30. The naira price moves with both XRP's US-dollar price and the USDT/NGN rate; use our XRP in naira page for any amount.
Has XRP's price moved since this brief was published?
XRP is up 0.78% since this brief first published — trading at $1.30 now versus $1.29 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from The Crypto Basic. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.