📈 XRP Storming $3.40: Bullish Breakout Confirmed

XRP price is confidently trading near $3.26 today, having settled above the key level of $2.71 and finally leaving the bounds of the annual symmetrical triangle.

🟢 Why is it rising?

— Breakout of the long-term triangle on the weekly chart

— Increase in volumes and OBV (On-Balance Volume)

— Confirmation of momentum from RSI, MFI, and Ichimoku

— Increase in open interest in derivatives by +35.4% in volume

📊 Technically:

▪️ Momentum is strong — Chande oscillator at 91.3

▪️ MFI: 79.55 — approaching overbought zone

▪️ RSI (30m): around 70 — local pullback possible

📍 Key Zones:

— Resistance: $3.40 → $3.60 → $3.88

— Support: $3.00, then $2.85–$2.90, main support at $2.71

⚠️ Risks:

— Euphoria in the market (options -39.5%)

— Long/short ratio on Binance: 3.27 (risk of liquidations if momentum fails)

📌 What’s Next?

The next 24 hours are critical. A breakout at $3.40 on volume opens the way to $3.88. A failure — and XRP may correct to the $2.90 area.