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TimesTabloid 2026-01-12 21:02:26

XRP Inverse Head and Shoulders Pattern Spotted. Analyst Sets Price Target

Technical chart patterns often reveal market sentiment before price movements become obvious. Traders closely watch formations that signal reversals, breakouts, or trend continuations, as they can indicate imminent momentum shifts. XRP has recently drawn attention for one such formation, suggesting that bullish forces may be preparing to take control. In a post on X, crypto analyst STEPH IS CRYPTO identified an inverse head and shoulders pattern on XRP’s 4-hour chart. Steph highlighted that this classic bullish reversal pattern points to a potential upside target of $3.11 if XRP successfully breaks above the neckline. The formation references recent lows around $1.78 and positions the neckline at $2.18, creating a clear framework for traders to assess potential risk and reward. Anatomy of the Inverse Head and Shoulders An inverse head and shoulders pattern consists of three consecutive troughs. The middle trough, called the head, is the lowest point, flanked by two higher troughs, known as shoulders. $XRP INVERSE HEAD AND SHOULDERS PATTERN! pic.twitter.com/n4DN7LvD4c — STEPH IS CRYPTO (@Steph_iscrypto) January 11, 2026 This pattern typically appears after a downtrend, signaling that selling pressure is weakening while buyers begin to step in. Once the price closes above the neckline, the pattern usually triggers a bullish continuation, suggesting that XRP could reach Steph’s projected $3.11 target. Critical Levels and Market Implications The $2.18 neckline represents the key level for validating the pattern. Maintaining the price above this level is essential to preserve the bullish setup. A decisive break and sustained trading above the neckline would indicate that buying momentum is strong, often leading to an upward move roughly equal to the distance between the head and the neckline. Traders use this level to identify entry points, set stop losses, and determine potential profit targets. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Volume and Confirmation Volume plays a critical role in confirming the pattern. Higher-than-average buying volume at the neckline strengthens the likelihood that the breakout is genuine. Conversely, low volume or rapid reversals can indicate a false breakout, warning traders to remain cautious. Steph emphasizes watching both price action and volume to validate the setup before taking positions. Strategic Insights for Traders For XRP traders, this inverse head and shoulders pattern offers a potential roadmap for the next price move. It provides a visual guide for momentum shifts, highlights critical support and resistance levels, and allows traders to plan entries and exits strategically. By combining technical analysis with careful risk management, investors can position themselves to take advantage of potential upward movement while limiting exposure to volatility. In summary, the formation identified by Steph presents a bullish signal for XRP, with a potential target of $3.11 anchored by the $2.18 neckline. Monitoring price behavior and volume will remain crucial for confirming this setup and guiding trading decisions in the near term. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post XRP Inverse Head and Shoulders Pattern Spotted. Analyst Sets Price Target appeared first on Times Tabloid .

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