XRP is targeting $3.5 after breaking a declining wedge, with $4.0 as its target in the longer term.XRP recovered from $2 to $2.20, appreciating by 5% due to a bullish environment.The April 2 stablecoin legislation review may enhance Ripple’s institutional adoption.Analysts expect a potential rally to $3.5 and above for XRP, which has entered a bullish reversal phase.