XRP Breakout Suggests Potential for Climb Toward $11 if Key Levels Hold

Key Points

1. XRP has broken out from a long-term triangle pattern and is trading above $3.22.

2. Key resistance levels are $3.40, $5.75, and $11.20, based on Fibonacci extensions.

3. A sustained push above $3.40 could open the path toward $5.75, with further potential to reach $11.20.

4. Support at $2.25 coincides with the 0.786 Fibonacci retracement level, serving as a critical downside risk level.

5. Market observers are monitoring whether XRP can hold above $3.20 and challenge $3.40 for further upward movement.