Weekend Alert for XRP! Will $3 Resistance Be Overcome?

XRP has been trading in a critical resistance area this weekend. Technical indicators suggest that the price could see a major breakout. The ascending triangle pattern is a strongly bullish pattern that usually results in an upside move of 70-75%. If buyers manage to overcome the $3 mark, the price of XRP could rise to a range of $3.2-$3.4. Popular crypto analyst Dark Defender opines that if XRP breaks the $3 mark, it would open the door to a rally towards $5.8. This prediction is based on the 261.8% Fibonacci extension level. However, for this rally to happen, the bulls need to break the selling pressure and push the XRP price above the key resistance levels.