XRP, the popular cryptocurrency, is on the verge of completing a bullish inverse head and shoulders (H&S) pattern, signaling an impending price surge.
Market commentator Steph recently analyzed XRP's daily chart, confirming that an inverted H&S formation has nearly taken shape.
This pattern is known as a strong bullish reversal indicator, and if confirmed, it could target a price rise to $1.10.
Details about this potential price movement were discussed in the article published on FXcrypto News.
