$XRP is currently forming a Head & Shoulders pattern on the 4Hr

XRP is currently forming a Head & Shoulders pattern on the 4Hr timeframe — a structure often viewed as a trend reversal signal.

🔹 Immediate Levels to Watch

Resistance: $3.06 (short-term barrier)

Major Resistance: $3.18 (head top, key rejection point)

Support Zone: $2.95 – $3.00 (neckline & critical defense)


⚠️ Bearish : If #XRP breaks below the neckline at $2.95, it could trigger downside momentum, targeting $2.80 → $2.70. This would confirm the H&S breakdown and increase selling pressure.

🚀 Bullish : If buyers defend the $3.00 zone and successfully push above $3.06, the bearish setup weakens. A breakout beyond $3.18 would flip momentum back to the upside, opening the path toward $3.30+ in the short term.