XRP Shows Bullish Patterns and ETF Developments Suggest Potential Rally Toward $3

Key Points

1. XRP’s price action mirrors its 2017 breakout, suggesting a similar bullish trajectory could unfold, with key support levels at $2.16–$2.18.

2. Technical indicators like the Relative Strength Index (RSI) and Fibonacci continuation patterns support a continued uptrend, with potential price targets of $2.69 and $3.04.

3. Institutional developments, including XRP’s inclusion in the Grayscale Digital Large Cap Fund (GDLC) and pending ETF approvals, bolster its bullish outlook.

4. Whale activity and large holders accumulating XRP indicate increased buying pressure, with a short-term target of $2.48.

5. Market sentiment around XRP is positive, driven by both technical and fundamental factors, including ETF approvals and historical breakout patterns.