$XRP 🚀could be about to enter a new explosive phase!
After forming an upward trend since the historical low near $0.10, XRP broke this LTA (Upward Trend Line) in May 2022, initiating a long period of consolidation and uncertainties — especially with the legal battle against the SEC.
But something interesting happened in October 2024: the price tested this old LTA again, now as resistance, and did not lose strength. This type of movement is classic in technical analysis: a breakout followed by a retest may initiate a new upward leg.
Based on the drawn upward channel, if XRP definitively breaks this resistance, the next technical target could be in the region of $39.61, which would represent an appreciation of up to 1,897% compared to current levels.
Volume has been increasing in recent weeks, signaling the entry of large players, and the macroeconomic context also favors alternative assets with uncertainties about interest rates and the weakening of the dollar.
Keep an eye out! If the breakout is confirmed with strength and volume, we could be facing one of the strongest movements of XRP since 2017. It's cheaper, are you on board with this in…