XRP charts bullish reversal pattern as analyst eyes breakout to $2.65
2025-07-04 09:56:14
Main Idea
XRP is showing signs of a potential breakout, with analysts predicting a possible 15% rise to $2.65 if key resistance levels are breached.
Key Points
1. XRP is forming an inverse head and shoulders pattern, indicating a potential breakout.
2. Analyst Ali Martinez suggests a 15% breakout target of $2.65 if the pattern is confirmed.
3. XRP is currently trading around $2.22, just below the key resistance level of $2.33.
4. Key resistance levels to watch are $2.47, $2.54, and the full breakout target of $2.65.
5. Failure to break through $2.33 may lead to a retest of the $2.08–$2.12 support zone.
Description
XRP is showing signs of a potential breakout after forming an inverse head and shoulders pattern on the 4-hour chart, a classic technical signal that often precedes upward price movements. According to leading chart analyst Ali Martinez : “XRP appears to be forming an inverse head and shoulders pattern, potentially setting the stage for a 15% breakout to $2.65.” At the time of writing, XRP is trading around $2.22, hovering just below the neckline resistance at $2.33. XRP analysts chart. Source: ...
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