š$XRP (1W)
Analysis:
XRPUSD is showing significant bearish momentum, erasing recent gains in just three weeks. However, there's a long-term bullish outlook with an Inverse Head and Shoulders pattern similar to 2022-23. This setup hints at a potential bullish impulse wave forming.
Price Targets:
Keep a close watch on the potential impulse wave, which could push the price up to $1.2500. Look for interim resistance near $1.0000, but the overall trend seems set for a higher push if it breaks past key levels.