Crypto analyst CryptoWZRD believes that XRP's current falling wedge pattern could lead to a breakout and a new all-time high. XRP has been in a consolidation phase since reaching a peak of $3.4 on January 16, with the price struggling to rise above this level. However, the formation of a falling wedge structure suggests that there is room for extended growth once the bulls recover. To retest the resistance at the upper trendline of the wedge, XRP would need to reclaim the Jan. 20 highs of $3.3. A breakout from the wedge pattern could result in a more substantial uptrend and potentially push XRP to a new all-time high of $4, representing an 81% increase from recent lows. Other analysts have also projected a target of $4 for XRP, further supporting CryptoWZRD's analysis.



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