Based on recent market trends and technical analysis, I believe XRP is on the verge of a significant breakout. If it manages to hold above the key support level of $2.34, there's a strong possibility that it could surpass the $2.65 resistance and head toward new highs.
The $2.65 mark acts as a psychological barrier, but a successful breakout above it could trigger a bullish rally, potentially pushing $XRP price into the $4 to $6 range. This would be a major move, especially for long-term holders who have been patiently waiting for a decisive upward trend.
Technical indicators like the RSI and MACD are also showing strong bullish signals, supporting the case for an upcoming breakout. However, it’s important for investors to stay cautious and apply proper risk management strategies as volatility can be expected.
If XRP can sustain momentum above $2.34, we might witness a new all-time high in the coming weeks.
