XRP

$XRP – Inverse Head & Shoulders

Price is trading at $3.07 after bouncing from $2.66 (recent low).

The 4Hr chart is forming a classic Inverse Head & Shoulders pattern → a strong bullish reversal setup.

🔹 Inverse H&S often signals a trend reversal from bearish to bullish.

🔹Price is stabilizing at the right shoulder, suggesting accumulation before a potential neckline test.

🔹 Support: $2.90 – $2.95 (right shoulder zone)

🔹Neckline Resistance: $3.40 – $3.45

🔹Breakout Zone: Above $3.45 → confirms bullish reversal momentum.

If #XRP breaks above $3.45 neckline with volume, it could trigger a strong upside move, validating the bullish reversal.
However, failure to hold $2.90 support could delay the pattern, keeping XRP in consolidation.
$XRP
{spot}(XRPUSDT)