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XRP Targets $4 Breakout Analyst Reveals

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
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