**XRP Eyes Potential Rebound Despite Early 2024 Slump**

XRP has had a rough start in 2024, dropping over 15% while the broader crypto market gained around 20%. However, technical indicators suggest a potential comeback.

- **Bullish Reversal Setup**: XRP's weekly chart shows an inverse head and shoulders pattern, hinting at a possible 100% gain. The critical neckline is around $0.65-$0.66. A breakout could push prices to $0.90-$1.00.

- **Symmetrical Triangle**: On the monthly chart, a symmetrical triangle suggests further gains. A breakout could target $4.20 or higher, with immediate resistance at $0.71-$1.05.

Despite the optimism, downside risks remain. Investors should tread carefully and conduct their own research.