XRP Breakout Potential Ignites as Consolidating Token Approaches $4,000

After a period of sideways price action, XRP is poised for a breakout. Charts indicate the formation of a converging triangle pattern on the daily timeframe, similar to past patterns that have produced significant rallies like a 474% surge in November or a 52% jump in January. A decisive move above the upper boundary of this triangle could propel XRP towards $4,000 or higher, but this remains contingent on holding above the crucial support level at $2.95.