XRP price action has been ranging inside a symmetrical triangle, with a breakout above $3 potentially indicating a bullish reversal.
Technical charts suggest a break-or-make situation, with potential targets at $3.15 and $3.67 if support holds. Critical support levels are $2.29 and $1.95.
Short-term momentum indicators show a bullish divergence, with a breakout above $2.72 validating a bullish outlook. A fall below $2.29 would discredit this view.
The market is awaiting a decisive move, with a breakout above $3 potentially leading to a larger uptrend.