XRP has recently surged 65% in a month, rising from a low of $1.61 to $2.65, as technical indicators suggest potential further gains. The analysis indicates a potential rise toward $3.69 by June, supported by a breakout from a falling wedge pattern. Key resistance is identified around $2.68, where a decisive break could lead to a short squeeze, enabling the price to reach $2.87. Long-term projections suggest that if XRP breaks successfully from a symmetrical triangle pattern, targets could reach up to $5.24 based on technical projections, and over $17 if extrapolating from historical patterns. However, if the price falls below key EMAs or the wedge's upper trendline, a decline to around $1.75 may occur. Investors are advised to conduct their own research as market risks persist.

Source 🔗