🔵 $XRP recovers $3.26 with breakout signals: Are you ready for the rally?

Current price and technical structure

Current price: $3.26

Intraday range: $3.21 – $3.32

XRP consolidates after a rally, forming a symmetrical triangle pattern on 4-hour charts, suggesting an imminent technical breakout.

Key factors

An increase in Open Interest in futures (+20 %) is observed, along with technical and on-chain signals pointing towards a possible rise to $6 in the coming weeks.

Transaction volume has grown by more than 208 % following the end of the Ripple-SEC litigation, reinforcing market confidence in the token.

Technical level of the day

Key support: $3.20–$3.22

Imminent resistance: $3.30–$3.32

Critical zone: a sustained close above $3.30–$3.32 could trigger momentum towards $3.40–$3.60

Institutional / macro outlook

The resolution of the legal conflict with the SEC has acted as a catalyst for market confidence. Along with a healthy technical structure and rising OI, XRP is well positioned to capitalize on this new phase.

Do you think $XRP will break upwards tonight? Give it a 👍 if yes, and a 👎 if you prefer to wait for confirmation.