A crypto analyst has set a bullish target of $8 for XRP following a breakout from a Symmetrical Triangle pattern. Key resistance levels are outlined that could drive this surge.
The analysis by "PlaceUrBetsPlease" on TradingView emphasizes maintaining a price above $2.21, with a retest at $2.35 being crucial for further upward momentum.
XRP's potential surge aligns with Fibonacci extension levels and historical trends, yet investors are cautioned about possible price pullbacks. Currently trading at $2.45, XRP needs a 233% rise to hit the $8 target.
