#SECETFApproval The XRP aims for a 20% increase
XRP has surpassed the neckline of an inverted head and shoulders pattern on the daily chart, indicating a bullish reversal setup.
Daily price chart of the XRP/USD pair. Source: TradingView
The breakout level around USD 2.30 now becomes a potential support, while the structure of the pattern suggests an upside target close to USD 2.87, representing approximately a 20% increase from the breakout level.
