XRP has just broken out of an inverse head and shoulders pattern, a classic bullish setup that points to a potential 19% rally. The breakout comes at a time when the US is expected to deliver key crypto regulation updates by July 22. If the legal outcome is positive, it could fuel further upside not only in XRP but across the broader crypto market. This setup offers a strong risk-to-reward profile, especially if Bitcoin also breaks out of its current rectangle pattern.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.