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#XRP – Weekly Inverted Hammer… Is This the Bottom? 👀🔥
🔳The weekly candle at $1.94 is showing a clear Inverted Hammer, one of the strongest single-candle bullish reversal signals, especially when it appears after a multi-week downtrend.
🔳The long upper wick shows buyers stepping in, and the small body near the lows signals seller exhaustion.
🔳What Is the Probability This Is the Bottom?
This is not a guarantee of reversal, but based on structure + pattern quality:
▫️40% probability → This candle marks the local bottom
▫️35% probability → One more dip/wick before final bottom
▫️25% probability → Pattern fails and the downtrend continues
🔳Why these ranges?
Because the Inverted Hammer is bullish, but confirmation is needed via:
▫️A strong green weekly close followed up
▫️Higher low formation
▫️Break above $2.10–$2.20 cluster even $2.30 is much better
▫️Until then, it is an attempt at bottoming, not confirmation.
If #XRP confirms this signal, the next macro leg could start building right here.
#XRPFamily STAY STEADY and STRONG! 💪 Together We Rise 🌄, and soon we shall FLY HIGH! 🦅