Analysts forecast the increase from XRP to bullish chart patterns
XRP seems to gain upward dynamics, whereby analysts indicate a possible outbreak that could drive the token to new highs.
The technical strategist Master Ananda has the solid basis of XRP by $ 2.30 emphasizedwhere the course has risen constantly in the last ten days.
His analysis, which he published on May 27, indicates that the asset could prepare for an aggressive upward movement.
An outbreak from a falling wedge, followed by an increase within an increasing channel, indicates an ongoing bullish dynamic, according to Ananda.
He also referred to Fibonacci extension metrics that indicate that the next significant price target could be $ 6.29, but without mentioning a specific time frame. He warned that the current opportunity to build positions could quickly disappear.
Another analyst, Egrag Crypto, supported this forecast by identifying $ 2.61 and $ 2.65 as critical resistance levels.
A clear breakthrough could pave the way to $ 3.10 or even challenge the so -called “golden resistance zone” by $ 3.39. He referred to the improved mood of the investors and the strong stopping over a recently broken trend channel.
