XRP has broken out of a symmetrical triangle pattern on the 4-hour chart and is showing bullish strength. The cryptocurrency is trading at $2.56 and attempting to maintain momentum above key resistance levels. Analysts believe that $3 is the next likely target. Technical indicators suggest further gains, with the Relative Strength Index (RSI) indicating increasing buying pressure. If the RSI moves above 70, XRP could enter overbought territory, leading to a potential short-term correction. Fibonacci retracement levels show support at $2.34, and a daily close above $2.60 would confirm a decisive breakout. On-chain data indicates a net spot inflow of $22.36 million, suggesting strong investor demand. However, if XRP fails to hold above the breakout zone, it could see a retracement to lower support levels. Traders are monitoring volume and market sentiment to confirm the sustainability of the breakout.



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