Analyst Ali Martinez writes on his page that according to his indicator, XRP is ready to break through to the upside. His indicator gives a strong buy signal (DYOR)
Onchain data also tells us that in the last month alone, the institutions have managed to accumulate more than 800 million $XRP
And as another argument - I see a possibility of triangle exit with targets around 4$-5$ on higher timeframes (not financial advice).