XRP is witnessing an impressive uptrend, trading around $2.58, up more than 6.5% in the last 24 hours and 15% in the past week.
Trading volume has also surged, reaching $5.87 billion, an increase of over 28% compared to the previous day, indicating a significantly more active market.
On the technical chart, XRP has just broken out of a symmetrical triangle pattern that has been in place since 2018 until 2024, a pattern similar to the bullish phase of 2017.
After the breakout, the price has surpassed several resistance levels and is currently holding above $2.54, indicating that the market structure is leaning towards the buyers.
