📌 Is XRP ready for a breakout to $5 and beyond?
– Could XRP breakout to $5? Speculation about XRP’s future is growing, with analysts predicting a possible jump to $5.
The cryptocurrency has been hovering around the $3 mark lately, sparking debate over whether it has the strength to keep rising.
While some are cautious, others see a potential breakout if key technical levels are overcome. Market analyst Dirk Defender believes that XRP is nearing the end of its correction phase and a significant rally could soon begin.
According to his analysis, a breakout of the $3.11 level could trigger a move to the Fibonacci resistance zone with a target of $5.85 and potentially well above $18.22.
if XRP breaks this key threshold, it will lead to a rapid increase in momentum and potentially push prices higher. However, whether XRP can sustain the rally will depend on broader market trends and investor sentiment.