XRP Dominates Upbit as Inverse H&S Pattern Signals $3.10 Surge

XRP Takes the Lion’s Share of Upbit’s $2.07B Trading Volume Surge as Korean Investors Fuel Market Frenzy According to market analyst Xaif Crypto, South Korea’s top exchange Upbit has recorded a sharp 24-hour trading surge to $2.07 billion (+5.09%), and it’s XRP stealing the spotlight as the top driver of this ￰0￱ a surprising turn, XRP has surged to the top of Upbit’s charts, recording an impressive $237 million in 24-hour trading ￰1￱ token’s dominance has outpaced Bitcoin (BTC) and Ethereum (ETH), leading South Korea’s intensified trading frenzy. Therefore, this renewed momentum signals growing investor confidence in Ripple’s XRP, as the token’s chart forms a classic inverse head-and-shoulders, a bullish setup hinting at a possible ￰2￱ speculation mounting around a potential surge to $4, retail enthusiasm on Korean exchanges is heating up, echoing the region’s history of driving sharp market ￰3￱ Crypto observed that Korea’s crypto market often serves as an early indicator of global retail sentiment, and XRP’s dominance in trading volume may signal a shift away from major cryptos toward established, utility-driven assets.

Meanwhile, BTC and ETH posted only modest activity, reflecting a temporary rotation of trader interest toward ￰4￱ Eyes $3.10 Target as Classic Inverse Head and Shoulders Pattern Forms According to crypto trader Kamran Asghar, XRP is currently forming a classic Inverse Head and Shoulders (H&S) pattern, a well-known bullish reversal structure that often signals the end of a downtrend and the beginning of a major upside move. Asghar’s analysis points to a potential rally toward the $3.10 resistance, a level that could mark a significant breakout if confirmed. Notably, this pattern, characterized by three troughs with the middle one (the “head”) being the lowest, suggests that selling pressure is weakening while buyers are regaining ￰5￱ has spent recent weeks consolidating after months of market indecision, trading within a tight range with its current price being $2.4.

Now, the formation of an Inverse Head and Shoulders pattern is sparking renewed technical optimism as Bitcoin and Ethereum stabilize. A confirmed breakout above the neckline could trigger a surge of buying momentum, signaling the start of a fresh bullish phase for ￰6￱ XRP’s explosive run on Upbit signals a powerful revival in investor confidence and market ￰7￱ by surging South Korean trading volumes and bullish technical signals, XRP is reclaiming its status as one of crypto’s most dynamic ￰8￱ this trend continues, its dominance on Upbit could ignite broader global rallies, transforming a local trading surge into the spark of a larger market ￰9￱ the other hand, XRP’s developing inverse head-and-shoulders pattern marks a potentially decisive turning point.

A confirmed breakout above the neckline with strong volume could validate the projected $3.10 target, reigniting investor confidence and positioning XRP for a powerful resurgence in the next bullish wave.