---$XRP
XRP/USDT - Daily Chart Update
Current Price: $2.2193
Daily Change: -5.20%
Technical Outlook: The chart is showing a symmetrical triangle formation, which typically indicates a potential breakout is coming soon. As we can see, XRP is currently nearing the apex of the triangle, suggesting a decisive move is likely in the next few weeks.
What to Watch:
Breakout Confirmation: A clear breakout above the triangle resistance could trigger a strong bullish move, with a potential target towards the $4-$5 range.
Downside Risk: If XRP fails to break upwards and loses the support trendline, we could see a pullback towards the $1.8-$2 zone.
Volume Spike: Watch for an increase in volume to confirm the direction of the breakout.