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XRP must break $1.57-$1.60 resistance to confirm bullish inverse head-and-shoulders pattern.

Technical Signals
24 Sep 2026
Coinpaper
View Source
Neutral
XRP must break $1.57-$1.60 resistance to confirm bullish inverse head-and-shoulders pattern.

XRP showed a potential bullish inverse head-and-shoulders pattern with a key resistance neckline near $1.57 and further resistance around $1.60. A decisive and sustained break above these levels is needed to strengthen the bullish case and target $2. However, XRP pulled back after reaching about $1.66, trading near $1.51, leaving it below critical resistance. Large-holder accumulation and reduced bearish futures support the rebound, but failure to reclaim $1.57-$1.60 could lead to a slide toward recent lows around $1.29-$1.30, weakening the bullish outlook.

As of Sep 24, 2026 19:32 WIB, XRP trades at Rp26.345 on Pluang, down 5.36% in the past day. The platform shows a market cap of Rp1.642,85 trillion and a 24-hour trading volume of Rp108,03 trillion. Despite the news highlighting resistance levels near $1.57-$1.60, Pluang data reveals a majority 56% sell order activity, indicating cautious sentiment among investors.

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