XRP Forms Gartley Pattern at $1.30, Bullish Bottom Developing?

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XRP Forms Gartley Pattern at $1.30, Bullish Bottom Developing?XRPCRYPTO:XRPUSDThe_Alchemist_Trader_XRP price action is currently forming a potential Gartley harmonic pattern near the $1.30 region after rotating between high-timeframe resistance at $1.80 and major support at $1.20. The market structure remains range-bound, allowing harmonic price behaviour to develop through precise Fibonacci reactions. Recent price movement rejected the 0.618 Fibonacci retracement, aligning with the expected structure of a developing Gartley pattern. XRP is now trading within a key technical zone where leg C appears to be forming. This phase is important, as successful support here increases the probability of a bullish expansion toward the completion of leg D. From a technical perspective, holding above the $1.20 high-timeframe support keeps the harmonic structure valid. The clustering of Fibonacci levels and historical support strengthens this area as a potential accumulation region. If price finds acceptance and demand emerges around current levels, XRP could initiate a rotation toward higher resistance zones, with upside potential expanding significantly as the Gartley pattern completes. However, a loss of $1.20 would invalidate the setup and shift momentum back to bearish conditions. For now, XRP remains in a pattern-development phase, with traders closely watching support reactions for confirmation of a bullish reversal.