XRP Breaks Out of Multi-Year Triangle, Targets $6.40 and $30

XRP has broken out of a multi-year symmetrical triangle and is currently testing key support levels between $0.85 and $0.88.

If this zone holds and XRP reclaims resistance between $1.23 and $1.65, the cryptocurrency could rally to $6.40, with a long-term target of $30.

The outlook is supported by reduced whale selling, growing adoption of the XRP Ledger, and increased institutional buying, signaling a potential resumption of XRP's long-term bull cycle.