XRP Consolidates Near $2.80: Cup-and-Flag Pattern Hints at Breakout Potential

XRP is currently trading near $2.80, displaying a slight daily decline of 2.2% while holding steady at support levels around $2.79 and resistance at $2.92. A cup-and-flag pattern on the 3-day chart suggests consolidation followed by potential breakout activity. This pattern is supported by low volatility as indicated by the RSI (37.62) and near-neutral MACD values, while recent trading activity hints at accumulating momentum that may trigger a significant price movement when a breakout occurs.