XRP Breaks Out: Analyst Sees Potential for Bullish Move

A crypto analyst is sparking excitement in the XRP community by highlighting a technical signal suggesting a potential price surge for the asset. @Shawnmark7899, known for his technical analysis expertise on X (formerly Twitter), has pointed to a key chart pattern that could signify a bullish shift. 160 days of sideways movement within a falling wedge formation have culminated in XRP testing the upper boundary of this pattern, near the $2.55 level. This potential breakout is attracting attention as it aligns with a larger multi-month consolidation period marked by declining trendlines, which forms the context for the falling wedge.