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Showing posts with the label bullish pennant breakout

Crypto expert says XRP could hit $4 in the ‘next couple of days’

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As XRP faces a short-term correction, slipping 5.39% in the past 24 hours, its technical outlook remains promising for a potential rebound. Notably, in an Analysis by World of Charts , the token recently confirmed a breakout from a consolidating bullish pennant range. This breakout, coupled with a surge in trading volume, has fueled expectations that XRP could rally toward $4 in the next couple of days, representing a potential 68% gain from its current price. Technical analysis paints a bullish picture for XRP The bullish pennant breakout signals renewed strength in XRP’s price action, a pattern often associated with significant rallies. For the rally to sustain, XRP must reclaim its critical support at $2.40, which now serves as a key technical floor.  Picks for you Is Bitcoin price set to plunge below $90k? ...