XRP Price Analysis: Inverse Head-and-Shoulders Breakout Puts Ripple on Track $2.80

XRP has broken past the $2.50 mark, seeing a 31% increase in trading volume, which suggests a significant bullish structure following weeks of consolidation between $2.35 and $2.50. The momentum indicates a potential rise toward the $2.65-$2.80 range, buoyed by favorable macroeconomic conditions and improved inflation data in the U.S. Traders are particularly focused on the $2.50 level as a new support base; failure to maintain this level could lead to a retreat to the $2.40-$2.42 support range. During the recent surge, XRP rose from $2.50 to $2.57, achieving peak intraday volume of 142 million. The completion of an inverse head-and-shoulders pattern has strengthened the near-term positive outlook, with immediate resistance at $2.60. A sustained volume above 130 million over the weekend could confirm a continuation of bullish momentum, while decreasing participation might revert prices back to the $2.40-$2.55 bracket.

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