Ripple's XRP has experienced a rebound, with its price increasing by more than 11% within the past day. It is now trading above the significant $2.80 level and aims to surpass the $3 mark. XRP has been exhibiting an uptrend since December 30, marked by higher highs and higher lows. To maintain this bullish trend, the higher lows must remain intact. The current market correction suggests that the triangle pattern may be nearing completion. The recent dip in XRP's price broke micro support but did not invalidate the overall uptrend. This indicates the price could potentially test support levels again before a breakout occurs. Critical support levels must remain intact for the bullish outlook to hold. However, a break below the $1.96 level would suggest a failed pattern and may result in a decline to around $1.80.



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