XRP’s Bullish Pattern Emerges, But Bear Pressure Persists

TL;DR XRP’s inverse head and shoulders pattern failed, leaving sellers in control near the $3.10 ￰1￱ addresses dropped to 38,303 in late August, reflecting weak network support behind price ￰2￱ fractal points to $4.30 breakout, but sustainability is questioned without stronger on-chain ￰3￱ Pattern Shows Reversal Setup, But Momentum Fades XRP recently formed an inverse head and shoulders pattern, a structure that often suggests a possible change in ￰4￱ pattern was visible toward the end of July, with the price attempting to break ￰5￱ the setup pointed to a potential reversal, the move stalled shortly ￰6￱ noted that the pattern failed to gain traction.

“XRP showed an inverse head & shoulders pattern, but failed to sustain momentum,” they ￰7￱ weak breakout left the market open for renewed selling, keeping price movement within a broader downtrend that has been in place since late July. $XRP Battling the Downtrend $XRP showed an inverse head & shoulders pattern, but failed to sustain momentum, keeping sellers ￰8￱ market has mostly been tracking a downtrend, with repeated rejections from the $3.10 zone. ￰0￱ ￰9￱ — BitGuru (@bitgu_ru) August 27, 2025 Notably, the $3.10 zone has been a consistent resistance level for several ￰10￱ has approached this price multiple times throughout August, but each attempt has been met with ￰11￱ of the rallies managed to stay above it for ￰12￱ market behavior shows hesitation around the same ￰13￱ a strong close above $3.10, supported by buying volume, the market appears to favor the ￰14￱ is trading near $3.00, reflecting limited movement over the past day and modest gains for the ￰15￱ Activity Tracks Lower Data from Glassnode shows that XRP’s network usage has ￰16￱ of August 27, the number of active addresses was 38,303.

This drop in activity has come despite recent moves in price, which suggests lower engagement from users.