Most notably, it has formed an inverse head-and-shoulders pattern, one of the most common bullish reversal patterns. Therefore, the stock will likely bounce back in the coming months.

Memecoins have caught a bid over the past month, adding to DOGE’s chance of rallying to $0.25.

XRP could rally to $2.65 as a bullish trading pattern, and investors’ excitement over Ripple Labs’ US banking license application boosts interest in the altcoin.