🚀 XRP Hits Two-Month Highs – Bullish Momentum Building
XRP is on the move, breaking out to new highs at $2.61, the highest level since March. This surge comes as the asset forms a bullish pennant pattern, signaling the possibility of further upside. 📈
Key takeaways:
Current Price: $2.61
Technical Pattern: Bullish Pennant
Target: Potential for a $3 breakout in the near term
The momentum behind XRP is strong, driven by the 5th phase of the Elliott Wave pattern. If it maintains this pace, a test of $3 seems likely. However, as always, volatility remains. Watch for a sustained breakout to confirm this bullish trend.
Are you trading XRP? What's your target for this move?