XRP’s Inverse Head & Shoulders Pattern Hints at Breakout Potential

XRP price action is showing signs of a potential breakout, with its four-hour chart displaying an inverse head and shoulders pattern. Currently hovering around $3.13, XRP trades within a tight range between support at $3.09 and resistance near $3.15. 4% weekly dollar decline hasn’t dampened the token’s relative stability. The recent trading session highlights a narrow range for XRP, with buyers defending the $3.09 level.