XRP is back! The triangle breakout sounds the horn for the bull market, with a soaring target of $3.60 in May!
In early 2025, the crypto market experienced a winter, with even Ethereum (ETH) plummeting 45% in the first quarter. But now, the spark of recovery is spreading rapidly, especially for XRP, reigniting investor enthusiasm! In the past three weeks, ETH surged 29%, while XRP followed closely behind with a strong rise of 9% in one week, significantly recovering from the previous 90-day decline.
XRP has just completed a key technical breakthrough - officially breaking through the symmetrical triangle structure, replicating the 40% surge pattern seen at the beginning of the year! With the resistance at $2.11 successfully breached, technical indicators have turned bullish across the board, with MACD momentum turning positive and buying power emerging, indicating that XRP has entered a new upward cycle, with short-term targets aiming for the $3.20 to $3.60 range, a potential increase of up to 48%.
Although there may be a pullback in the short term, as long as the support at $2.11 holds, XRP is highly likely to become the biggest dark horse in the May market! If the environment remains favorable, this bull market celebration, XRP is definitely a superstar you cannot miss!