96165304683Recent price action 07911441024 signals a potential breakout as it rebounds from critical support levels, setting the next target at $3.46. After testing the Fibonacci retracement level .382, XRP is consolidating between support .236 and a key trendline.

Analysts suggest that such a narrowing range could lead to a significant price change, with the updated target extension surpassing the previous all-time high of $3.35 on Binance.

CasiTrades emphasizes that the current setup of XRP aligns with a larger ABCDE corrective pattern that initially failed but has regained relevance. As the market prepares for action, XRP traders are closely watching whether the digital asset can maintain bullish momentum and overcome key resistance levels.