The post XRP Price Prediction For October 27 appeared first on Coinpedia Fintech News
The price of XRP is showing bullish signs of recovery as a bullish divergence continues to shape market momentum. After a week of steady buildup, XRP appears to be maintaining short-term upward pressure, hinting at a possible relief rally in the coming days.
Short-Term Resistance and Levels
On the daily chart, XRP is currently testing a critical resistance zone between $2.60 and $2.70. This range has acted as a strong ceiling for price movements, meaning that some hesitation could occur around these levels. However, a clean breakout above $2.70 may open the door for a move toward $2.87 as the next immediate target.
Beyond that, the next major resistance sits slightly above $3.00, around $3.10, which could mark the next decisive battle for momentum if the bullish structure holds.
Inverse Head and Shoulders Confirmed
XRP has just confirmed a short-term inverse head and shoulders pattern—a classic bullish reversal setup. The neckline for this pattern was around $2.50, and with price action now closing above it, this breakout technically activates a bullish target of around $2.88 to $2.90.
This means XRP could still climb roughly 10% higher from current levels if this pattern continues to play out. The move from the breakout point to the target area shows an overall possible gain of nearly 15%.
Bearish Structure Looms?
Despite this short-term gains, XRP remains within a broader bearish structure, still forming lower highs and lower lows on the daily timeframe. A sustained break above $2.70 followed by consistent trading above that level would be the first sign of a deeper trend shift.
For now, the bullish divergence continues to influence short-term momentum, and a brief upward phase may continue for the next few days or even a couple of weeks.
The post XRP Price Prediction For October 27 appeared first on Coinpedia Fintech News
The price of XRP is showing bullish signs of recovery as a bullish divergence continues to shape market momentum. After a week of steady buildup, XRP appears to be maintaining short-term upward pressure, hinting at a possible relief rally in the coming days. Short-Term Resistance and Levels On the daily chart, XRP is currently testing …
This articles is written by : Nermeen Nabil Khear Abdelmalak
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