A crypto analyst has set a bullish target of $8 for the XRP price after it broke out of a Symmetrical Triangle pattern. The analyst highlighted key resistance levels and emphasized that XRP has maintained a price above a critical support area. The cryptocurrency is set to retest a new resistance level at $2.35, which could trigger its next upward push. The analyst's projection aligns with Fibonacci extension levels, suggesting potential resistance areas at $4, $6, and $7, with a target of $8. The analyst also notes that previous ATH levels and historical percentage gains support the $8 target. However, the analyst warns about potential pullbacks and market volatility, cautioning investors to be prepared. Currently, XRP is trading at $2.45 and would need to rise by approximately 233% to reach $8.



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