XRP Breaks Out of Compression Pattern, Targets $3.65

Crypto analyst Steph Is Crypto has identified a significant shift in XRP's market structure, pointing to a technical price target of $3.65.

XRP recently broke out of a compression pattern that defined its price movement for months, and according to Steph, this breakout sets an upper technical target at the top of the wedge, near $3.65, which also marks XRP's all-time high.

The analyst notes that the weekly breakout is crucial, as it gives a technical price target at the previous all-time high of $3.65.