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XRP Eyes Potential Rally After Symmetrical Triangle Breakout

  • XRP is testing the top of a symmetrical triangle on the weekly chart, signaling potential upward movement.
  • An analyst suggests that a breakout could lead to a rally with an initial target of $1.30.
  • BitBoy identifies potential triggers for a positive increase in XRP, including a possible Trump victory, dismissal of SEC Chair Gary Gensler, and the end of Ripple's legal challenges.
  • XRPL active addresses surged to 12,230, indicating increased blockchain activity over the past six months.

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