XRP Targets $15-$17 Amid Bullish Pennant Formation
- XRP experienced a rally after the SEC acknowledged Grayscale’s XRP ETF filing, reaching a peak at $3.40.
- Crypto analyst Egrag Crypto predicts XRP could reach $15 to $17, contingent on a confirmed breakout.
- XRP is currently trading at approximately $2.74 to $2.75.
- A breakout above the $3.40 resistance level is crucial for confirming the bullish trajectory.
- A yellow trendline provides key support for XRP’s price structure since early 2025.
Despite recent fluctuations, XRP remains positioned for potential gains if it can break past the critical resistance level of $3.40, as highlighted by analyst Egrag Crypto’s projections.
Source (2.6)https://www.newsbtc.com/altcoin/xrp-bullish-pennant-targets-15-17-but-breakout-confirmation-required-at-this-level/?rand=52377
