XRP Price Eyes Potential Breakout Above $3.66 Resistance

XRP's price is showing significant bullish signals due to a potential technical setup that could break above resistance.

The cryptocurrency has been forming an ascending triangle pattern on its monthly chart for nearly ten years, which is considered a significant and reliable indicator of future price movement.

If XRP successfully breaks out above the $3.66 level, analysts predict it could reach as high as $60, based on the completion of the ascending triangle pattern.

The current RSI (14) reading of 60.53 is above the neutral level but below the average, indicating a slight dominance by bulls but reduced momentum.