The XRP inverse head-and-shoulders neckline is at 1.60—this is the most critical pattern level to watch right now. The current price is 1.59, trading below the neckline, and has not broken out effectively yet. Based on the measured move from the pattern, after holding above 1.60, the target is 2.00.
Price is also above the 50-day and 200-day moving averages, and the medium-term structure remains bullish. On-chain data is also keeping up: large whale transactions in single prints surged to 1,917, reaching a one-month high, and 3,647 new wallets were created. The breakout needs confirmation from trading volume—if the price rises back above the neckline on low volume, it’s easy to pull back.
#XRP
Price is also above the 50-day and 200-day moving averages, and the medium-term structure remains bullish. On-chain data is also keeping up: large whale transactions in single prints surged to 1,917, reaching a one-month high, and 3,647 new wallets were created. The breakout needs confirmation from trading volume—if the price rises back above the neckline on low volume, it’s easy to pull back.
#XRP