XRP is displaying a bullish pennant pattern, which typically signifies a continuation of an uptrend following a period of consolidation. This technical formation is leading to forecasts of a significant potential surge to $3.80 by the end of this year.
The altcoin recently marked its highest weekly candle close at $2.60, which serves as a strong foundation for the anticipated upward movement. This positive momentum in the market is fueling optimism among investors and analysts alike.
As the market sentiment around XRP continues to build positively, the prospects of hitting the predicted target by year-end appear increasingly feasible. Investors are closely watching the market dynamics and technical indicators for further confirmation.
