XRP Breaks Out of Cup & Handle Pattern; $3.40 Resistance in Focus

XRP has cleared the mark on a cup and handle pattern, with its price now testing key resistance at $3.40. Analysts anticipate movement towards the $4.00 target as exchange reserves surge significantly. 2.80 – 2.90 is currently acting as support. A breakdown here would risk XRP declining toward $2.50, weakening this bullish setup. Binance and HTX Global dominate liquidity for XRP, with their reserves exceeding 3.5B and 2.5B tokens respectively.