XRP Breaks Out: Pennant Targets $64, Analyst Predicts Major Move

XRP has broken out of a multi-year bullish pennant pattern, targeting a potential move towards $64. This upward trend is fueled by significant gains and analyst predictions for sustained momentum. Analysts point to expanding DeFi applications and growing institutional investment as driving forces behind the price surge. The breakout could occur at approximately $2.28, which coincides with historical high points and suggests strong long-term potential.