Post-Consolidation Boost for Ripple: Potential Future Price Points for XRP (Evaluation)

Ripple's token, XRP, has shown renewed bullish strength after a significant period of consolidation against both the USDT and BTC. A recent surge, breaking multi-week trendlines and resistance zones, places XRP in a potentially advantageous position, although further confirmation is needed before declaring a full uptrend.

The XRP/USDT pair has successfully broken above a falling wedge pattern, with the price now above both the 100-day and 200-day moving averages. If XRP can consolidate above $2.50, the next targets are around $2.90 and $3.30. Similar bullish trends are seen with the XRP/BTC pair. For further upside continuation, XRP needs to turn the 100-day moving average into support, potentially pushing towards 2,800 SAT and 3,200 SAT.

However, failure to maintain this breakout could trigger a pullback.