Will XRP Breakout Soon? Technical Analysis Points to Potential Rise

XRP, linked to Ripple Labs, is capturing attention from technical analysts due to its volatile price action. A symmetric triangle pattern on its charts suggests a breakout—either upward or downward—is imminent. Traders are particularly interested in key support and resistance levels within this pattern. 2.04 is currently acting as strong support while $2.20 presents a notable resistance point, according to technical analysis accounts like @DefendDark. They suggest an upward break out could propel XRP’s price towards $6 in the near term. However, these predictions should be treated with caution due to market volatility.