Back in the fateful month of March 2023, Egrag Crypto, a highly reputable crypto analyst, spotted on the XRP charts, a rarely-encountered diamond bottom formation. Chart stakeholders are in the know that this signifies a bullish reversal within the overall trend. Following on from that discovery, Egrag purveyed that the diamond bottom pattern would likely be permitted to remain valid until the close of August 2023. Yet, speculations arose that in the event XRP fails to breach the resistance until October 2023, then the diamond bottom will be made invalid. Acknowledge this, Egrag called attention to the XRP community to remain savvy and upbeat, courageously believing that this would ultimately prospect to a happy ending.
As of the 10th of July 2023, Egrag commented that the aforementioned diamond-bottom pattern persists in its position. Meanwhile, traders have found XRP to be helplessly fighting for the $0.5 support at the present time. Even then, believers in XRP have intently stood in the sidelines, vaguely awaiting advantageous outcomes. Currently, XRP trades at $0.4775, with a slight 2% surge in the past 24-hour .
