The recent formation of an Inverse Head-and-Shoulders pattern has led analysts to believe that XRP, the cryptocurrency associated with Ripple, is now on a promising trajectory that could see its price testing the significant resistance level of $2.80 in the near future. This technical pattern, characterized by its distinctive three-peaked shape, typically signals a potential reversal in a downtrend and suggests that bullish sentiment may be strengthening among investors, driving optimism for XRP's price movement. If this breakout continues to gain momentum, it could pave the way for further upward movement and a potential surge beyond previous price levels.
source: https://www.coindesk.com/markets/2025/10/25/inverse-head-and-shoulders-breakout-puts-xrp-on-track-for-usd2-80-test