XRP is on the verge of a potential breakout, as it attempts to close above its descending resistance trendline. Analysts suggest that if XRP can surpass the resistance range of $2.48 to $2.60, it could pave the way for significant gains, with targets set at $3.74 and $6.40. Veteran trader Peter Brandt highlights a half-mast flag pattern on the weekly chart, indicating a possible 262% gain if bullish momentum continues. However, caution is advised, as failure to break resistance could lead to a reversal. Keep an eye on XRP's movements in the coming weeks for potential market shifts.