Ripple has broken out of a multi-year sideways wedge pattern, signaling a bullish trend. The surge highlights buyer dominance, with XRP reaching its all-time high of 3.4 USD.
XRP encountered resistance in the 3.3 USD to 3.4 USD range, which could affect price movements. The asset may experience a temporary correction due to overbought conditions.
As XRP approaches key sell zones, heightened volatility is anticipated. Despite possible market corrections, strong buyer momentum suggests continued upward pressure.