XRP holders are keeping an eye on a chart that suggests the cryptocurrency could be heading toward $2. Crypto commentator Austin Hilton shared a chart from analyst Louie, who spotted a possib
XRP holders are keeping an eye on a chart that suggests the cryptocurrency could be heading toward $2. Crypto commentator Austin Hilton shared a chart from analyst Louie, who spotted a possible inverse head-and-shoulders pattern on XRP’s longer-term chart.
The pattern suggests that XRP could reverse its current trend, with $2 emerging as a potential target if the setup plays out.
Hilton shared the chart while thanking Louie for the analysis. The chart shows a technical structure that could become significant if XRP breaks through the neckline identified.
XRP holders! This is for you!
Thanks @lil_louieThttps://t.co/XX0a18tJw8
— Austin Hilton (@austinahilton) October 10, 2026
Louie described the XRP setup as a “Clean Inverse Head & Shoulders Reversal potentially forming on the High Time Frame.” The chart shows three major areas that resemble the pattern, with the middle section forming a deeper low than the surrounding price action.
The structure developed after XRP declined from higher levels and traded through an extended period of weakness. Louie marked the potential pattern across the 2026 price action, with the chart showing XRP moving around the $1.00 to $1.50 region before attempting to recover.
The analyst also marked a horizontal level around $1.50, which serves as the neckline for the potential reversal. XRP would need to move above that area for the setup to develop further.
Louie then identified $2 as the key target. His chart states that reaching that level “would put a major Market Structure Reclaim on the table.”
The chart also shows a projected path that moves XRP above the neckline before reaching the $2 region. From there, the projection fluctuates around the $1.80 to $2.20 area before settling closer to the upper-$1 range.
One commenter, qazzaq.eth, responded positively to the technical structure but stressed the importance of confirmation. The user described the formation as a “clean inverse h&s” but said they needed to see the neckline actually break first.
That comment reflects the key condition within Louie’s analysis. The inverse head-and-shoulders formation remains a potential setup rather than a confirmed reversal until XRP clears the relevant resistance level.
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Another user praised the chart and referenced XRP’s previous all-time high as well as the breakdown below $2. The commenter suggested that XRP could return toward the $2 level after the prolonged period of price pressure.
Hilton’s post puts Louie’s technical analysis directly in front of XRP holders while keeping the focus on the chart’s potential price structure.
For now, the $2 level remains Louie’s stated target rather than a confirmed price destination.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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