XRP Could Break Out in a Bullish Move, Analysis Suggests

Crypto analyst Egrag Crypto has shared a new technical analysis of XRP, suggesting the potential formation of an inverse head and shoulders pattern. This pattern, often considered a bullish reversal signal, could result in a price target of $3.7 to $3.9 according to analysts. The chart showing Egrag Crypto’s analysis illustrates a clear ascending channel where XRP is trading.