Analyst Warns XRP Holders: Imminent Breakout Expected with Price Target Revealed

XRP's Bullish Pattern: Market analyst STEPH IS CRYPTO highlights a bullish continuation pattern for XRP, with a potential price target of $5 based on a symmetrical triangle breakout.

Current Price Action: XRP is currently trading around $3.01, showing signs of consolidation after a recent rally, with key resistance levels identified between $3.15 and $3.30.

Drivers of Strength: The bullish sentiment is supported by technical patterns and improved regulatory clarity from the Ripple-SEC case, enhancing XRP's appeal to traders.

Caution Advised: Traders should remain cautious as breakouts can fail; immediate support is at $3.00, and a clear weekly close above resistance is necessary for confirming the bullish outlook.