XRP Price to $6 Now Possible After This Rare Breakout
Main Idea
Analyst Ali Martinez predicts XRP could reach $6 if it breaks out of a descending triangle pattern, with current momentum showing a 2.3% price increase to $3.61.
Key Points
1. Ali Martinez noted that XRP's move toward $6 depends on breaking out of a descending triangle pattern.
2. XRP faces critical resistance levels at $4.17, $4.60, and $5.40 before reaching $6.
3. XRP's price has surged 2.3% in 24 hours to $3.61, with weekly and monthly gains of 21.2% and over 70%, respectively.
4. Daily trading volume increased by 28.2% to $9.36 billion, indicating high market activity.
5. Another analyst, CryptoDonAlt, forecasted XRP could reach $10.36, citing a breakout in the XRP/BTC pair.
Description
XRP has staged very rare triangle breakout that may push its price to beyond its previous ATH
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