Recent trading activity suggests a bullish trend for XRP, with the cryptocurrency nearing the upper boundary of a wedge pattern on the daily chart. Technical analysts believe a strong candle close above this resistance line could indicate the start of a new bullish phase, potentially pushing the price toward the $4 target zone. Analysts highlight that weeks of sideways trading characterized by narrow price ranges have led to a potential breakout or breakdown, but momentum indicators are leaning towards a bullish outlook. The $4 target is significant as it aligns with historical resistance levels and Fibonacci extensions observed in past bull runs. This move would signal significant gains for XRP investors and solidify their confidence in the cryptocurrency’s long-term potential. A confirmed breakout, however, will require strong volume to attract more buyers and potentially drive a broader market rally. Traders are closely watching for that decisive break above the wedge pattern.