$XRP Poised for a Breakout: $4 in Sight?
XRP is currently consolidating after a massive 250% rally that pushed it past $2 last month. The token trades at $2.29, with analysts highlighting a bullish flag pattern that could signal another breakout. However, the TD Sequential indicator on the 4-hour chart shows a sell signal, suggesting a possible brief correction before resuming its upward trend.
Key resistance lies at $2.46—a breakout above this level could ignite a rally toward $3 and potentially $4 with sustained momentum. The Relative Strength Index (RSI) is at 62, indicating bullish sentiment but leaving room for further upside.
Market optimism is bolstered by Ripple’s RLUSD launch and strategic partnerships. Yet, traders should monitor the $2 support level closely, as losing it could trigger bearish momentum. For now, XRP holders remain optimistic, watching for a breakout that could deliver significant gains.
