Crypto Veteran Warns: XRP Triangle Breakout could shock the market

XRP warms up – and a well -known cryptography analyst thinks that a major decision could be fast.

Cryptography veteran Lark Daviswhich has more than 1.2 million followers on X, displayed a graph showing a formation of a massive symmetrical triangle on the daily XRP table. According to him, once XRP comes out of this model, he could trigger a powerful rally with a target up $ 4.40.

This target is not taken from thin air. Lark explains that the height of the triangle, when projected from the rupture point, aligns with the Fibonacci extension drawn from January high in April's low. This confluence gives more weight to the idea that this escape could be something great.

What the XRP graphic shows

The graph clearly shows the tightening of XRP prices inside a symmetrical triangle, a structure that has been formed for several months. These types of models generally point out a continuation or a reversal once the price breaks in one or the other direction, and at the moment, it seems that the break is increasing.

At the time of writing the present $ 2.41Pushing above the upper trend line of the triangle. Technical indicators are starting to line up in favor of bulls:

• MacD Crossed the bullish and the momentum picks up.
• RSI Go up and are currently just above 62, with more space before touching the over-racket levels.
• THE 20 EMA,, 50 EMAAnd 200 EMA Start to spread aside, a signal often observed during the first stages of large price movements.

If the break holds, XRP could quickly move to retest the previous resistance levels $ 2.80 Then potentially pull to the $ 4 range.

An escape with perfect timing?

This potential break arrives at an interesting time for the wider market. Bitcoin has more than $ 104,000 and Ethereum has just recovered $ 2,500. Risk appetite returns and the main altcoins are starting to move again.

Earlier in the day, we discussed the possibility of hit XRP $ 3 this week In this article:
👉 XRP price at $ 3 and Ethereum at $ 3,000? AI Crypto Price predictions for this week

If Lark Davis is right, this prediction may have been conservative.

XRP has been consolidating for months and now shows signs of awakening. With solid techniques, favorable market conditions and a bullish feeling, this escape from the triangle could very well be the beginning of something bigger.

The goal of $ 4.40 from Lark Davis may seem daring, but in crypto, daring predictions are often realized when techniques and timing line up. Merchants should keep an attentive eye on how XRP behaves in the coming days – this could be a decision that deserves to be watched.

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