$XRP price action is showing signs of a potential bullish reversal.

The cryptocurrency has broken out of a falling wedge pattern and retested the breakout area.

Currently, XRP is consolidating beneath a significant resistance zone.

Whether this breakout will lead to a sustained upward trend depends on the strength of buyer support.

Key levels to watch on the upside include:

$2.85

$3.20

$3.40

What are your expectations for XRP in the short to medium term?