XRP has rallied 27.6% from $1.25 to $1.58, appearing to complete the right shoulder of a major inverse head-and-shoulders pattern on the daily chart, according to analyst Ali Charts. Whales have also accumulated more than $2 billion worth of XRP recently, adding to the bullish setup. The important level now is $1.60, the pattern’s neckline. Ali Charts said a decisive break above it could confirm the formation and trigger another 30% rally toward $2.
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