XRP is currently trading at $2.93 after a 29.55% weekly gain, with daily volume reaching $9.53 billion.
Breakout above Fib 1.414 signals a significant market structure shift, potentially leading XRP to targets at $6.50, $20, and even $35.
Analysts suggest $17 as a near-term goal, recommending Dollar Sell Averaging strategy to secure profits incrementally during the rally.
XRP's bullish trend continues with increasing trading volume and open interest, alongside a healthy funding level. However, caution is advised as the asset is overbought and may experience a short-term correction.