XRP Price Today: XRP Breaks $3 Following Inverse Head and Shoulder Pattern—What’s Next?
The post XRP Price Today: XRP Breaks $3 Following Inverse Head and Shoulder Pattern—What’s Next? appeared on BitcoinEthereumNews.com. XRP price today has officially cleared the long-standing $3 resistance, marking a significant psychological milestone for Ripple’s native token. The breakout comes after weeks of sideways trading and the confirmation of a bullish inverse head-and-shoulders pattern, which has traders eyeing higher price targets. XRP Price Breaks Above $3 The current XRP price is hovering near $3.01, up over 2% in the past 24 hours, with intraday highs touching $3.02. This decisive move above the $3.00 barrier was fueled by strong buying pressure and more than $6 billion in 24-hour trading volume, signaling renewed investor participation. XRP was trading at around $3.01, up 2.34% in the last 24 hours at press time. Source: Source: XRP price via Brave New Coin XRP had been consolidating in the $2.88–$2.92 support zone last week, holding firm despite broader market volatility. Analysts view this as a sign of underlying strength among bulls, setting the stage for the latest breakout. Technical Picture: Inverse Head & Shoulders Targets $3.045 and Beyond Technical analysts have been closely watching the formation of an inverse head-and-shoulders pattern — a classic bullish reversal signal. According to crypto market analyst @egragcrypto, this setup projects a “measured move” that could take XRP toward $3.045, the next key resistance level. XRP has confirmed a mini inverse head and shoulders pattern, signaling a potential bullish move. Source: EGRAG CRYPTO via X “The breakout looks solid,” the analyst noted, adding that $2.65 served as the launch pad for this pattern, with XRP now firmly trading above $2.85–$2.89. If bulls maintain momentum, immediate targets are $3.00 and $3.045, followed by extended levels at $3.13 and the $3.30–$3.35 range. Can Bulls Extend the Rally? Momentum indicators remain bullish, showing higher lows forming within an ascending channel on shorter timeframes. If XRP holds above $3.00, analysts expect further upside…
The post XRP Price Today: XRP Breaks $3 Following Inverse Head and Shoulder Pattern—What’s Next? appeared on BitcoinEthereumNews.com.
XRP price today has officially cleared the long-standing $3 resistance, marking a significant psychological milestone for Ripple’s native token. The breakout comes after weeks of sideways trading and the confirmation of a bullish inverse head-and-shoulders pattern, which has traders eyeing higher price targets. XRP Price Breaks Above $3 The current XRP price is hovering near $3.01, up over 2% in the past 24 hours, with intraday highs touching $3.02. This decisive move above the $3.00 barrier was fueled by strong buying pressure and more than $6 billion in 24-hour trading volume, signaling renewed investor participation. XRP was trading at around $3.01, up 2.34% in the last 24 hours at press time. Source: Source: XRP price via Brave New Coin XRP had been consolidating in the $2.88–$2.92 support zone last week, holding firm despite broader market volatility. Analysts view this as a sign of underlying strength among bulls, setting the stage for the latest breakout. Technical Picture: Inverse Head & Shoulders Targets $3.045 and Beyond Technical analysts have been closely watching the formation of an inverse head-and-shoulders pattern — a classic bullish reversal signal. According to crypto market analyst @egragcrypto, this setup projects a “measured move” that could take XRP toward $3.045, the next key resistance level. XRP has confirmed a mini inverse head and shoulders pattern, signaling a potential bullish move. Source: EGRAG CRYPTO via X “The breakout looks solid,” the analyst noted, adding that $2.65 served as the launch pad for this pattern, with XRP now firmly trading above $2.85–$2.89. If bulls maintain momentum, immediate targets are $3.00 and $3.045, followed by extended levels at $3.13 and the $3.30–$3.35 range. Can Bulls Extend the Rally? Momentum indicators remain bullish, showing higher lows forming within an ascending channel on shorter timeframes. If XRP holds above $3.00, analysts expect further upside…
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