A technical chart drawing attention from XRP holders points to a potential move toward $2 for the cryptocurrency. Crypto commentator Austin Hilton highlighted a chart from analyst Louie, who identified a possible inverse head-and-shoulders pattern on XRP’s high-time-frame chart.
The technical formation indicates that XRP might reverse its prevailing trend, with $2 serving as a projected target if the setup is successfully completed.
Hilton distributed the chart while expressing gratitude to Louie for the breakdown. The visual highlights a technical formation that could gain importance if XRP manages to push past the noted neckline.
XRP holders! This is for you!
Thanks @lil_louieT https://t.co/XX0a18tJw8
— Austin Hilton (@austinahilton) October 10, 2026
Potential Inverse Head-and-Shoulders Pattern
Louie characterized the XRP configuration as a “Clean Inverse Head & Shoulders Reversal potentially forming on the High Time Frame.” The chart exhibits three primary troughs mirroring the pattern, where the central dip drops lower than the adjacent price action.
This structure emerged following a drop from elevated prices and a prolonged phase of sluggish trading. Louie mapped the prospective pattern across price activity throughout 2026, tracking XRP as it hovered in the $1.00 to $1.50 range prior to mounting a recovery attempt.
Additionally, the analyst outlined a horizontal threshold near $1.50 acting as the neckline for the potential reversal. To trigger further development of the pattern, XRP must ascend past that zone.
Following that, Louie pointed to $2 as the primary objective. His chart indicates that achieving that threshold “would put a major Market Structure Reclaim on the table.”
The chart further outlines a trajectory guiding XRP above the neckline prior to hitting the $2 mark. Past that point, the projected path fluctuates between the $1.80 and $2.20 territory before stabilizing near the upper-$1 bracket.
XRP Needs a Neckline Break
A commenter named qazzaq.eth reacted favorably to the chart configuration while emphasizing the necessity of confirmation. The user characterized the pattern as a “clean inverse h&s” while noting that an actual breakout of the neckline is required first.
This remark underscores the fundamental prerequisite of Louie’s assessment. The inverse head-and-shoulders structure stays a speculative setup rather than a validated reversal until XRP successfully overcomes the associated resistance threshold.
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— TimesTabloid (@TimesTabloid1) June 15, 2025
A separate user commended the chart and mentioned XRP’s historical all-time high alongside its historical drop beneath $2. The participant implied that XRP might retest the $2 threshold following an extended stretch of downward price pressure.
Austin Hilton Brings the Setup to XRP Holders
Hilton’s publication introduces Louie’s technical evaluation directly to the XRP community, keeping the spotlight centered on the chart’s prospective price configuration.
At present, the $2 threshold functions as Louie’s designated objective as opposed to a guaranteed price target.