$XRP Update – Bearish Pattern in Play?
Watch These Key Levels!
XRP has formed a potential Head & Shoulders pattern on the 12H chart, and the price action is testing critical levels today.
Neckline zone: $1.90
Breakdown target: $1.65 – $1.75
Current price: ~$2.07
If the neckline at $1.90 breaks with strong volume, we could see a deeper correction. Key supports to watch are:
$1.95
$1.85
$1.72
$1.65 (final H&S target)
Bulls aren't out yet – inverse H&S patterns are forming on lower timeframes (4H, Daily). If XRP holds above $2 and reclaims $2.12–$2.20, this move could be invalidated.
Keep an eye on volume and neckline reactions. Stay sharp!
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