Ripple is showing significant bullish strength as buyers continue to dominate the market. 🚀
- After a brief consolidation phase, XRP is nearing the $2 milestone, with the likelihood of achieving this target by the end of the year increasing.
- The weekly chart shows Ripple's prominent trend, from an 85% drop to $0.28 after the SEC lawsuit, to a strong recovery surpassing key resistance levels like $1.3.
- The 4-hour chart indicates that XRP has broken out of a triangle pattern, continuing the upward trend. However, the divergence between price and RSI may signal fatigue, and the presence of supply near $1.9 could lead to a short consolidation phase.