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XRP Price Prediction For October 27

Published by
Anjali Belgaumkar

The price of XRP is showing bullish signs of recovery as a bullish divergence continues to shape market momentum. After a week of steady buildup, XRP appears to be maintaining short-term upward pressure, hinting at a possible relief rally in the coming days.

Short-Term Resistance and Levels

On the daily chart, XRP is currently testing a critical resistance zone between $2.60 and $2.70. This range has acted as a strong ceiling for price movements, meaning that some hesitation could occur around these levels. However, a clean breakout above $2.70 may open the door for a move toward $2.87 as the next immediate target.

Beyond that, the next major resistance sits slightly above $3.00, around $3.10, which could mark the next decisive battle for momentum if the bullish structure holds.

Inverse Head and Shoulders Confirmed

XRP has just confirmed a short-term inverse head and shoulders pattern—a classic bullish reversal setup. The neckline for this pattern was around $2.50, and with price action now closing above it, this breakout technically activates a bullish target of around $2.88 to $2.90.

This means XRP could still climb roughly 10% higher from current levels if this pattern continues to play out. The move from the breakout point to the target area shows an overall possible gain of nearly 15%.

Bearish Structure Looms?

Despite this short-term gains, XRP remains within a broader bearish structure, still forming lower highs and lower lows on the daily timeframe. A sustained break above $2.70 followed by consistent trading above that level would be the first sign of a deeper trend shift.

For now, the bullish divergence continues to influence short-term momentum, and a brief upward phase may continue for the next few days or even a couple of weeks.

Anjali Belgaumkar

Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

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