Analyst: XRP Target Achieved After Breaking This Formation

Key Points

1. XRP broke down from an ascending triangle pattern after peaking at $3.65, entering a target zone between $2.83 and $2.9.

2. Closing above $2.8 is crucial for a 'super bullish position,' while $2.65 remains a key support level.

3. Whale sell-offs have made $2.65 a critical level to monitor if current support is lost.

4. EGRAG CRYPTO advises against panic, stating that XRP's bearish run may be short-lived and normal market fluctuations.

5. The next resistance level is around $3.03, with closing above it likely to restore upward momentum.