XRP Rallies 8% on Rising Institutional Bid, Eyes $3.40 After 'Triangle Breakout'

XRP broke out above $2.84, confirming a descending triangle breakout.

Price held above $2.91 throughout final hour, forming a tight consolidation band.

Structure remains bullish with rising higher lows and sustained volume.

Volume-led breakout and follow-through indicate institutional support.

If XRP can clear $2.94–$2.95 cleanly, $3.10 and $3.40 open as next upside targets.

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