Analysis of XRP on-chain data and charts suggests the possibility of a price rally to around $3 within this month. Key factors driving this outlook include positive spot taker CVD, a potential 70% increase in XRP/BTC ratio, an ascending triangle pattern, and bullish divergence with RSI. Here’s a closer look at the key points: 1) XRP Charts Signal Potential Breakout – The rising XRP price is supported by on-chain signals, including a falling wedge pattern that suggests a breakout to $3.20; the weekly chart shows an indication of upside momentum as well, with the potential for a 45% increase from current prices. 2) Ascending Triangle and RSI Divergence – The daily XRP price chart exhibits an ascending triangle pattern, prompting price movements towards $3.50 after holding above a crucial psychological level. This movement is further supported by bullish divergence between XRP/BTC and the RSI. 3) Positive Spot Taker CVD – The dominance of buy orders among traders, as measured by spot taker CVD, has risen significantly, suggesting sustained demand for XRP despite recent market downturns. 4) XRP/BTC Potential For Further Growth – A break above resistance in the XRP/BTC pair could trigger further gains, potentially leading to a 71% increase from current levels, aligning with historical price trends.