XRP Reaches Seven-Year High, Technical Patterns Point to Potential Rally

Following a significant rally that pushed XRP to seven-year highs in January 2025, the cryptocurrency has reclaimed its support at $3. Analysts are optimistic about future price movements, citing potential gains exceeding 340%. The token’s history shows it often breaks above descending trendlines, leading to substantial price surges. This pattern appears to be repeating itself, prompting analysts like Steph to project a move towards $14 based on historical chart patterns.