$XRP – Potential Bullish Breakout Imminent 📈
$XRP has been consolidating within a descending triangle, marking a period of accumulation. The price has tested multiple support levels around $2.9531 and recently showed signs of a potential breakout, especially as the price bounced from the lower trendline of the pattern.
📈 Target Levels:
Quick Target: $3.1320
Medium-Term Target: $3.1858
Long-Term Target: $3.5520
Key Levels to Watch:
For a confirmed bullish move, traders should watch for a breakout above $3.1320. A sustained close above this level, along with increased volume, would confirm a shift in market momentum, potentially leading to a rally toward the next resistance levels.
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