XRP Price Breakout to $2: Analyst Sees 30% Rally

XRP has been on a tear lately, rising 27.6% from $1.25 to $1.58 in what appears to be a completion of an inverse head-and-shoulders pattern on the daily chart.

According to analyst Ali Charts, this pattern is a bullish signal that could lead to another significant price increase for XRP.

The neckline of the pattern sits at $1.60, and if XRP can break above it decisively, it may confirm the formation and trigger a 30% rally towards $2.