XRP is building momentum, and the third quarter will welcome the main upward wave!
Looking at the recent trend of XRP, the price has experienced significant increases and is now consolidating within a converging triangle, with trading volume also decreasing, indicating a clear accumulation phase. On the technical side, the triangle is about to converge to its endpoint, and the market will choose a direction afterward.
Currently, XRP is completing a long-term redistribution of chips, with obvious signs of major capital control. As the converging pattern approaches its conclusion, it is highly likely that the third quarter will see a strong breakout, with the next bull market target aimed at the 3.5~4.0 range.
Especially in the context of an overall market recovery and rotation of mainstream coins, XRP, as a veteran asset, is seeing a resurgence in capital attention.
The direction of the pattern breakout needs to focus on the coordination of trading volume and the effective stabilization of key resistance levels to avoid false breakouts.