XRP Trading Pattern: XRP is currently forming a symmetrical triangle on the 4-hour chart, indicating a consolidation phase after a significant rally to an all-time high of $3.65 in mid-July, with recent price action testing key support levels around $3.1.
Market Outlook: Analysts suggest that if XRP successfully holds above current support, it may lead to a bullish breakout, potentially targeting previous highs or even reaching $12.6, while a failure to maintain support could result in a decline towards the $2.7 to $2.8 range.
