Saad Ullah
XRP just broke free from weeks of boring sideways movement, and the charts are telling an interesting story. An inverse head-and-shoulders pattern has formed, which is trader speak for "things might get bullish."
What the Technical Picture Shows
Analyst @egragcrypto spotted this setup and called it a "measured move" with serious upside potential. The big question now is whether XRP can push through the $3.045 barrier that's been giving buyers trouble.
The breakout is looking solid so far. Here's what matters:
- Support level: $2.65 held as the pattern's foundation and launch pad
- Current position: XRP is trading above $2.85–$2.89, confirming the breakout is real
- Immediate targets: $3.00 and $3.045 are the next stops on the way up
- Extended targets: If momentum continues, $3.13 and the $3.30–$3.35 zone come into play
The $3 area has been a tough nut to crack historically. Sellers have stepped in repeatedly around these levels, so breaking $3.045 decisively would be a big deal and likely trigger more buying.
Why This Could Actually Work
XRP's move isn't happening in a vacuum. Altcoins are catching a bid again as money flows back into larger projects after months of skepticism. XRP has a track record of explosive moves after long periods of doing absolutely nothing, and this setup has that same feel. The pattern suggests buyers are finally stepping up after letting sellers have their way for weeks. If crypto markets stay healthy, XRP could surprise people with how fast it moves once it gets going.
Saad Ullah
