<ul data-eligibleForWebStory="false">Market analyst suggests that XRP is coiling like a spring, indicating a potential face-melting breakout in the future.XRP has been consolidating within a descending channel around the $2 mark since mid-May.Previous patterns and history suggest that XRP could experience a significant rally after a period of consolidation.The analyst anticipates an imminent breakout towards the $2.8 region, with a potential target of $27 in the future.