XRP Price Chart Shows Potential for 60% Surge to $1.23
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XRP price action has produced a potential inverse head-and-shoulders pattern, which forecasts a 60% upswing to $1.234.
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Breakout would occur if XRP closes decisively above the neckline resistance around $0.774.
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Beyond the neckline, XRP would face resistance at $0.947. Clearing this would open the path to target $1.234.
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Invalidation of the bullish thesis would occur if XRP breaks below the key swing low of $0.475.
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XRP currently trades at $0.606, so a retest of $1.234 would be a 103% move from current levels.