XRP Price Prediction: Bullish Inverse Head and Shoulders Targets $3

XRP might be gearing up for a significant bullish move after forming one of technical analysis's most reliable patterns—the inverse head and shoulders. Visible on the 3-hour XRP/USDT chart, this structure hints that the token could be ready to break higher after months of sideways action.

Inverse Head and Shoulders Takes Shape

According to ChartNerd, a minor retest of the neckline might happen before the next leg up, with $3.00 emerging as a realistic near-term target.

 The Poloniex chart clearly shows the inverse head and shoulders pattern, a classic signal of a trend shift from bearish to bullish. Each component of the pattern has developed with solid symmetry and strong bounces from the lows.

Here's what the pattern looks like:

• Left Shoulder: Formed after an initial drop and bounce around October 10, marking the first bottom
• Head: The lowest point hit near October 18, with XRP touching roughly $2.19 before recovering
• Right Shoulder: Created in late October as buyers returned, gradually pushing price toward the neckline
• Neckline Resistance: The dotted line around $2.63 is now the key breakout level to watch
• Target Zone: A clean break and hold above the neckline projects a measured move to $3.09, lining up with previous horizontal resistance
• Neckline Support: $2.63 needs to hold as support after any breakout confirmation
• Short-Term Support: The $2.40–$2.45 zone must stay intact to keep the bullish case alive
• Invalidation Level: A drop below $2.19 would cancel out the pattern entirely

This setup reflects a shift in sentiment—from sellers running out of steam to buyers stepping back in.

Why This Setup Matters

XRP's potential reversal comes as broader crypto market momentum improves. Bitcoin's recent stabilization has brought investors back into liquid altcoins, and XRP looks like a prime candidate for a bounce. The inverse head and shoulders pattern is backed by rising buying volume and tightening volatility—hallmarks of a pre-breakout environment. Combined with ongoing progress in Ripple's cross-border payment solutions and CBDC projects, investor confidence remains steady.

If XRP can push through the neckline with conviction and hold it as support, this could mark the beginning of a larger uptrend. A successful breakout above $2.63 with solid volume would confirm the pattern and likely spark fresh momentum buying, putting the $3.09 target firmly in play.