🚀 XRP Breakout Could Send Price Straight to $7.20 – Here’s Why
The cryptocurrency market is buzzing with excitement, and all eyes are once again on XRP. After years of consolidation and legal uncertainty, XRP has finally formed a classic “cup and handle” pattern on the charts—a bullish setup that often precedes explosive upward moves.
Technical analysts are pointing out that this pattern, which has been forming for months, signals the potential for a massive breakout. The breakout level has already been tested, and traders believe that once XRP clears it decisively, the price could skyrocket directly to $7.20.
Why $7.20? Chart projections based on the height of the cup formation and Fibonacci extensions put this level as the next major target. This would represent not just a technical milestone but also a psychological victory for XRP holders who have endured years of sideways trading.
Beyond technicals, fundamentals are aligning in XRP’s favor. Ripple’s legal battle with the SEC is reaching resolution, and institutional adoption of Ripple’s ODL (On-Demand Liquidity) network continues to grow globally. This combination of legal clarity, utility, and strong chart structure is creating the perfect storm for a parabolic move.
Investors are watching closely. A clean breakout could trigger FOMO (Fear of Missing Out) across the market, attracting both retail and institutional money. Many believe that XRP’s run to $7.20 may just be the beginning, with higher long-term targets in sight.
For now, one thing is clear: XRP is coiled like a spring, and when it breaks out, the move could be fast, sharp, and unforgettable.
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🚀 XRP Breakout Could Send Price Straight to $7.20 – Here’s Why
The cryptocurrency market is buzzing with excitement, and all eyes are once again on XRP. After years of consolidation and legal uncertainty, XRP has finally formed a classic “cup and handle” pattern on the charts—a bullish setup that often precedes explosive upward moves.
Technical analysts are pointing out that this pattern, which has been forming for months, signals the potential for a massive breakout. The breakout level has already been tested, and traders believe that once XRP clears it decisively, the price could skyrocket directly to $7.20.
Why $7.20? Chart projections based on the height of the cup formation and Fibonacci extensions put this level as the next major target. This would represent not just a technical milestone but also a psychological victory for XRP holders who have endured years of sideways trading.
Beyond technicals, fundamentals are aligning in XRP’s favor. Ripple’s legal battle with the SEC is reaching resolution, and institutional adoption of Ripple’s ODL (On-Demand Liquidity) network continues to grow globally. This combination of legal clarity, utility, and strong chart structure is creating the perfect storm for a parabolic move.
Investors are watching closely. A clean breakout could trigger FOMO (Fear of Missing Out) across the market, attracting both retail and institutional money. Many believe that XRP’s run to $7.20 may just be the beginning, with higher long-term targets in sight.
For now, one thing is clear: XRP is coiled like a spring, and when it breaks out, the move could be fast, sharp, and unforgettable.
📌 Save this call: Once XRP clears resistance, the road to $7.20 may be inevitable.
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