Brandt Sees Inverse Head-and-Shoulders Pattern in XRP Chart
Peter Brandt, an experienced trader, has expressed interest in XRP's charts, citing a potential inverse head-and-shoulders pattern near $1.52.
The chart analysis shows that XRP is currently testing the neckline of this pattern around $1.50-$1.55, and a break above it would confirm more of the structure.
This formation has a measured-move area around $2.05-$2.10 if confirmed, according to technical calculations from the pattern.