XRP’s Reversal Pattern Fails to Hold: Analyst Eyes $4.30 Breakout Amidst Bearish Pressure

A recent inverse head and shoulders pattern in XRP’s price action has failed to materialize as anticipated, leaving sellers in control near the key resistance level of $3.10. Active addresses on the Ripple network have dipped significantly, reflecting weak network support for price movements. Despite an initial bullish signal from analyst fractal points suggesting a potential breakout above the $4.30 mark, long-term sustainability remains questionable without stronger indications of network activity.