$XRP is now looking to break above the neckline of an inverse head and shoulders pattern, with prices targeting a run above $2.
$XRP’s price action has been rather favorable to bulls over the past few weeks. After suffering consistent declines from July 2025 to June 2026, $XRP embarked on a recovery campaign in July 2026 and has now recorded three consecutive monthly green candles for the first time in a year.
$XRP Forms Inverse H&S Pattern
Interestingly, the recent performance has brought $XRP close to completing a bullish inverse head and shoulders pattern that started forming early this year and has held over the past months.
