XRP has surged above $3.40, breaking a 6-year resistance and signaling a strong bullish shift in market structure. The next major Fib levels to watch are $4.23 (1.618 extension) and $5.50 (2.618 extension), with $3.00–$3.20 now acting as key support after the breakout. Pivot points suggest immediate resistance near $3.80 (R1) and $4.50 (R2), but a retest of $3.00–$3.20—the previous resistance zone—could provide a springboard for another leg up.
The unfilled gap above $3.40 indicates strong bullish momentum, reducing the odds of a deep pullback before higher highs. If buying pressure sustains, the next major target is the 2018 peak near $6.00, especially with improving sentiment around Ripple’s regulatory clarity. Any short-term dips are likely accumulation zones, as long as $3.00 holds. The trend remains firmly bullish—only a close back below $2.80 would invalidate the breakout. 🚀