Will XRP Surge Above $2.40 to Reach $5 on Bullish Technical Signals?

XRP is poised for a breakout as it tests crucial resistance at $2.40, with bullish technical signals emerging amidst legal speculation and potential price targets of $5. Analysts are closely watching for a decisive move that could propel XRP’s price higher. This momentum is fueled by rising RSI readings, Elliott wave patterns, and support from key Fibonacci levels, signaling a shift in market sentiment. 2.15 remains a crucial support level, while the bulls look to a potential break out above $2.40. Key technical indicators suggest that XRP could be on the verge of launching a multi-wave rally driven by these bullish signals.