XRP Price Shows Potential for Breakout as Inverse Head and Shoulders & Elliott Wave Patterns Emerge

XRP is signaling a potential price surge with the formation of an inverse head and shoulders pattern on its 4-hour chart, coupled with an Elliott Wave setup that suggests a five-wave rally. These patterns point towards a move beyond the $5.00 mark. Price consolidation nears completion as XRP hovers around $2.06 with critical resistance at $2.25 and strong support below.