XRP Poised for Comeback Against Bitcoin After Forming Triple Bottom Pattern

XRP, after reaching a four-year low, now shows signs of a potential resurgence against Bitcoin. Driving this positive shift is the emergence of a triple bottom pattern, a classic bullish formation indicating robust support. This pattern forms when the price hits three distinct lows around the same level, followed by a breakout above the neckline resistance. As of July 12, the XRP/BTC pair tested key support near 793 satoshis, with analysts eyeing a breakout scenario. The weekly relative strength index (RSI) hovered at 36, suggesting XRP’s undervaluation relative to Bitcoin and bolstering optimism for recovery. A decisive close above 793