XRP Inverse Head and Shoulders Shows Resistance to Breach for Rally Above $2

Amid the ongoing price struggles, XRP is forming an inverse head and shoulders pattern that shows the key resistance zone it must break to rally above $2. XRP may be forming a bullish reversal pattern that could support a rally above $2, but the cryptocurrency must first break through an important resistance zone. XRP has faced selling pressure since the beginning of October 2026, as shown on its weekly chart. The cryptocurrency gained just 0.26% in the week ending Oct. 4 before recording losses over the next two consecutive weeks. These declines wiped out nearly 15% of its value during the period. XRP has started to recover this week, gaining 1.49% so far.

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