XRP is demonstrating a bullish price action pattern on the daily timeframe. A noted cryptocurrency expert predicts that the token could reach 11 USD in the near future. Currently, XRP is consolidating within a bullish pennant, facing resistance at 2.73 USD. Before breaking this resistance, it might revisit 2.05 USD.

If XRP sustains above 2.30 USD, it shows potential to climb to 4.50 USD. The technical analysis from CoinPedia indicates that XRP has broken out of a bullish flag and pole price model and is retesting the breakout level of 2.40 USD, implying further upward momentum.