A Falling Wedge pattern has emerged on the XRP price chart, fueling speculation of a bullish reversal to new highs.
A crypto analyst suggests that XRP could reach three potential new price targets if it breaks out of the Falling Wedge, with $2.8 being the highest target.
To achieve these targets, XRP needs to break above the blue resistance zone at $2.42, indicating a potential bullish continuation.
Despite a possible temporary pullback, analysts remain optimistic about XRP's future price prospects, with one analyst declaring it as 'super bullish.'