Usman Salis
● Crypto analyst 𝐊𝐚𝐦𝐫𝐚𝐧 𝐀𝐬𝐠𝐡𝐚𝐫 recently flagged an interesting technical setup developing on XRP's chart—a textbook inverse head and shoulders pattern that could signal a significant rally ahead. Looking at the 4-hour XRP/USDT chart, this bullish reversal formation hints at a potential push toward the $3.10 resistance zone.
● Right now, XRP is trading around $2.40 with nearby support holding at $2.35. The crucial neckline of this pattern sits between $2.55 and $2.60. If buyers can push price above that range and hold it, we might see XRP make a quick run toward resistance above $3.00. This kind of structure typically shows up when a market shifts from selling pressure to accumulation—often a precursor to bigger moves up.
● The big question is whether XRP can sustain enough buying interest to validate this setup. If it can't hold the neckline or drops below short-term support, there's a real chance we'll see another wave of profit-taking or liquidations hit leveraged traders. That said, momentum indicators are showing signs of recovery after weeks of downward grind.
● From a broader market perspective, this pattern lines up with some renewed optimism across crypto. A confirmed XRP breakout could boost sentiment in the altcoin space, where traders have been hunting for solid reversal signals following the recent pullback. The timing also overlaps with fresh chatter around liquidity flows and institutional interest in crypto assets linked to cross-border payments.
● Traders are keeping a close eye on XRP as it enters this critical phase—one that could confirm a medium-term reversal and shape the narrative heading into late 2025.
Usman Salis
