XRP Eyes Breakout to $4 Amid Trendline Retest
- XRP faced a rejection at $2.35 but bounced back at $2.15.
- The price broke above a downward-sloping trendline in late April.
- A swing failure pattern has flipped bullish with rising volume.
- A daily close above the $3.00 resistance could lead to further gains.
- Key future targets include $3.31 and potentially $4.6209.
- XRP is currently trading at approximately $2.20.
XRP’s recent price movements indicate a potential breakout, with key resistance levels at $3.00 and beyond, as it trades around $2.20 following a bounce from earlier rejections.
Source (2.6)https://www.newsbtc.com/analysis/xrp/xrp-eyeing-a-breakout-to-4/?rand=52377