🚨 XRP Surges Past $3.04 — Traders Target $3.66 as Breakout Confirmation
$XRP has reclaimed momentum, surging past $3.04 and reigniting bullish sentiment across the market. Analysts are watching closely as the token approaches the $3.30–$3.40 resistance zone, which could confirm a powerful cup-and-handle breakout — with targets as high as $5.60 to $7.
🔍 What’s happening?
XRP rebounded from $1.80 in April to form the “cup”
Recent consolidation below $3.40 is shaping the “handle”
A breakout above $3.40 could trigger a 92% rally toward $5.60–$7
📈 Why it matters:
CryptoBull and XRPunkie forecast a breakout toward $7
Brazilian fintech VERT launched a $130M XRP-based platform
Blockchain firm Nature’s Miracle added $20M XRP to its treasury
On-chain data shows $1.4B+ daily transactions and $11B open interest in XRP derivatives
💬 Sentiment check:
Despite a recent 10% dip, XRP remains in a bullish cycle. Traders view pullbacks as healthy resets before major moves. The breakout zone at $3.30–$3.40 is now the most-watched level in the XRP ecosystem.
📊 Key levels to watch:
✅ Support: $2.70–$2.20
🚀 Resistance: $3.30–$3.40
🧭 Macro target: $5.60–$7
Will XRP finally break $3.40 and confirm the breakout — or is this another fakeout?
👇 Share your thoughts and tag your favorite XRP analyst!