$XRP
just blasted past $3.40 like it was nothing - first time in six years! This is the kind of breakout that gets traders really excited. The charts are screaming bullish right now.
If this holds, we could easily see a run toward $4.20 soon. That's the next big Fib level to watch. After that? $5.50 isn't out of the question if the momentum keeps up.
Of course, we might see some profit-taking around $3.80 first. That's natural after such a big move. And don't be surprised if we dip back to test $3.20 - that old resistance should now act as solid support.
The best part? That gap left around $3.40 shows just how strong the buying pressure was. When price leaves gaps like that on big moves, it usually means there's more upside coming.
Keep $3.00 as your line in the sand. As long as we stay above that, this breakout looks legit. And if we can clear $4.50? Then we're really talking about challenging those 2018 highs near $6.
Bottom line - this could be the start of something big. But remember, crypto moves fast, so manage your risk accordingly!
