XRP price breaks out: These charts predict a rally toward $6

Key Points

1. XRP broke out of a symmetrical triangle pattern, with a measured target of $6.03, indicating potential for a 75% gain from current levels.

2. A four-hour chart shows a bull flag formation, with a breakout above $3.46 potentially leading to a target of $5.80, a 67% increase.

3. The 90-day spot taker cumulative volume delta (CVD) shows dominance of buy-orders, reflecting bullish sentiment and demand-side pressure.

4. XRP's price recently hit multi-year highs above $3.66, with 99% of holders in profit, suggesting strong upward momentum.

5. Analysts note that XRP's parabolic phase has not fully started, indicating further potential for gains in the coming weeks.