Analysts Predict XRP Price Increase Amid Double Bottom and Bullish Divergence
Technical analysts spot bullish chart patterns in XRP's price action, suggesting a potential recovery.
Technical analysts spot bullish chart patterns in XRP's price action, suggesting a potential recovery. XRP (XRP) is trading at ₹125 ($1.31), up 1.6% since this brief published. This is an original Token Times brief based on reporting by The Crypto Basic, with live market data added, as of Thu, 29 Oct 2026 15:15:01 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 double bottom and bullish divergence patterns.
- Analysts predict potential price increase despite current struggles around $1.29.
- XRP price at $1.29, down 2.16% in 24 hours.
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- 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 in its chart patterns. Mikybull Crypto, a prominent XRP analyst, highlighted these patterns in a recent post on X, suggesting that the cryptocurrency could be on the verge of a recovery.
According to CaptainAltcoin, XRP is currently facing resistance around the $1.29 mark, with its price down 2.16% in the last 24 hours. Despite this, analyst Matthew Dixon believes that the broader correction in XRP's price may be nearing its end. He interprets the price action as part of an ABC corrective structure following a strong advance.
The identification of these bullish patterns comes at a time when the overall cryptocurrency market is relatively flat, with a total market cap of $2.76 trillion. 
Bitcoin, the leading cryptocurrency, is also experiencing a slight decline of 0.51% in the past 24 hours.
XRP's current market cap stands at $81.71 billion, reflecting its position as one of the top cryptocurrencies by market value. The Fear & Greed index, which measures market sentiment, is at 51, indicating a neutral stance among investors.
The potential for a price increase in XRP could attract more investor attention and trading activity. However, traders and investors should closely monitor the $1.29 level, as it remains a key resistance point. If XRP can break through this barrier, it may confirm the analysts' predictions and lead to further upward momentum.
Since this brief published about 2 hours ago, XRP (XRP) has moved from ₹122.93$1.29 to ₹124.84$1.31 — +1.55%.
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 Token Times'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 ≈ ₹137.54 (about $1.31), down 0.3% over 24 hours. The rupee itself trades about 10.2% above the official rate on the P2P market, so a Indian 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 chart patterns suggest a potential XRP price increase?
A double bottom and bullish divergence patterns suggest a potential XRP price increase.
What is XRP's current price and market performance?
XRP is priced at $1.29, down 2.16% in 24 hours and 2.52% over the past week.
How does the overall market sentiment affect XRP?
The overall market sentiment is neutral, with a Fear & Greed index of 51, indicating no strong bullish or bearish pressure on XRP.
How much is 1 XRP worth in rupee today?
About ₹137.54 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.31. The rupee price moves with both XRP's US-dollar price and the USDT/INR rate; use our XRP in rupee page for any amount.
Has XRP's price moved since this brief was published?
XRP is up 1.55% since this brief first published — trading at ₹125 ($1.31) now versus ₹123 ($1.29) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times 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 Token Times 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.