Crypto market analyst Ali has shared a new technical chart analysis for XRP, noting the development of a classic inverse head and shoulders pattern. According to his post, the pattern suggests the potential 15 percent price breakout, targeting the $2.65 level if confirmed. The chart attached to his commentary illustrates key levels of resistance and Fibonacci retracement levels, outlining the technical basis for his outlook. Analysis of Current Price Action Ali’s chart is based on the XRP/USDT perpetual contract on Binance, shown on the 4-hour timeframe. At the time of the analysis, XRP was trading near $2.29, with a slight intraday gain of about 0.41 percent. The chart indicates that the left shoulder, head, and right shoulder of the pattern have been formed, with the neckline resistance positioned at approximately $2.33. This neckline is a critical level to watch, as a clear breakout above it would complete the inverse head and shoulders formation. The price action leading up to this point includes a decline to the $1.90 zone, which formed the head of the pattern. Since then, XRP has rebounded and established higher lows, with the right shoulder appearing to take shape over the past few sessions. The pattern suggests that a decisive move above $2.33 could trigger a measured move upwards. $XRP appears to be forming an inverse head and shoulders pattern, potentially setting the stage for a 15% breakout to $2.65! pic.twitter.com/5XLBc5AIkm — Ali (@ali_charts) July 3, 2025 Fibonacci Levels and Price Targets The chart also overlays Fibonacci retracement and extension levels, providing additional context to the analysis. Key Fibonacci resistance levels above the neckline include $2.47 (1.272 extension), $2.54 (1.414 extension), $2.64 (1.618 extension), and $2.74 (1.786 extension). We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Ali identifies the $2.65 level as the primary upside target, which corresponds closely with the 1.618 extension level on the chart. This level would represent a 15 percent increase from the breakout point at $2.33. The use of Fibonacci levels in this analysis supports the target projection by aligning potential resistance points along the anticipated upward move. The current structure, as outlined by Ali, implies that failure to break and hold above the neckline could invalidate the pattern and limit upside potential. Broader Implications for XRP Ali’s commentary reflects a positive short-term technical outlook for XRP , contingent on confirmation of the breakout. The inverse head and shoulders pattern is widely regarded as a bullish reversal indicator, suggesting that XRP could continue higher if buying momentum persists. Traders watching this setup are likely to focus on the $2.33 neckline and monitor volume and momentum indicators for signs of confirmation. This analysis comes as XRP continues to trade within a broader recovery trend after recent corrections. While technical patterns do not guarantee outcomes, they remain an important tool for market participants seeking to identify probabilities in price movements. 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 advised to conduct thorough 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 X , Facebook , Telegram , and Google News The post Analyst Spots XRP Inverse Head and Shoulders Pattern, Predicts 15% Rally appeared first on Times Tabloid .
