$XRP has successfully broken out of its recent downward trend (a "falling channel") and is currently stabilizing above a significant price level, indicating that its upward movement is likely to continue.

The best time to buy, for a favorable risk-to-reward ratio, would be if the price dips back to around $1.85.

Here are the projected price targets:

* First target: $2.9520

* Second target: $3.3967

* Third target: $3.8767

The overall market structure for $XRP remains positive, suggesting that any price drops should be seen as chances to buy.