XRP Price Soars on Bullish Pattern, Eyes 35% Rally to $2

The price of XRP has jumped to around $1.39, up 6.6% over the past 24 hours.

Crypto analyst Ali Martinez has spotted a bullish inverse head-and-shoulders pattern that could push XRP toward $2 if key resistance breaks.

$XRP Forms a Bullish Reversal Pattern. On the daily chart, XRP appears to be forming an inverse head-and-shoulders pattern. The left shoulder and head are already visible, while the right shoulder is still forming around the $1.33 level.

Martinez said that $1.55 is the key resistance, as it acts as the pattern's neckline. If XRP breaks above this level, the pattern could be confirmed and trigger a 35% rally toward the $2 target.