#xrp 🚀🚀🚀🌙

XRP could rally more than 80% after breaking above bullish pennant

XRP has seen $20.83 million in futures liquidations in the past 24 hours, with liquidated long and short positions accounting for $13.55 million and $7.28 million, respectively, per Coinglass data.

Over the weekend, XRP broke above the upper boundary of a bullish pennant that has been developing since the beginning of December.

If XRP sustains the breakout and holds the pennant's upper boundary as a support level, it could rally above $3.55 to set a new all-time high near $4.5 in the coming weeks.