XRP broke above a descending trendline, entering a 'throwback' retest phase.Successful hold of support could lead to a sharp price rally for XRP.XRP faced significant product outflows despite bullish indicators.XRP's stability remains amid market outflows and resistance near $2.35.A bullish pennant pattern formation on XRP's chart signals potential upward movement.MACD indicator provides a buy signal, adding to bullish sentiment for XRP.XRP's price cooling off within a range, but RSI hints at potential bounce.Despite legal pressure, Ripple ecosystem fundamentals remain strong.XRP's value could see a re-rating with regulatory clarity and increased adoption.XRP price predictions favor a bullish outlook if key resistance levels are breached.