XRP Inverse Head-and-Shoulders Pattern Eyes 35% Rally Toward $2
XRP has been on an upward trajectory, reaching $1.39 in the past 24 hours, a 6.6% increase.
Crypto analyst Ali Martinez spotted a bullish inverse head-and-shoulders pattern that could push XRP toward $2 if key resistance breaks at $1.55.
The right shoulder of the pattern is still forming around the $1.33 level, while the left shoulder and head are already visible.
A golden cross is also on the horizon as the 50-day moving average approaches the 200-day average, marking a close gap since August 2024.