XRP is showing a strong bullish trend and is trading near $3, approaching key resistance levels.
Lack of strong spot volume is a concern, as much of the recent push higher has been driven by leverage and short squeezes.
If XRP breaks and holds above the $3.10 to $3.40 range, it could confirm a bullish wave structure, potentially leading to price targets of $3.84, $4.33, and even $5.00.
Technical analysis suggests XRP forming a bullish structure with strong support around $2.46 to $2.76; a breakout above $3.40 is crucial for the next leg up.