Usman Salis
XRP bounced back strong from last week's dip, ranking among the top 5 best-performing cryptocurrencies with impressive 47.7% year-to-date gains.
USA Today recently called XRP "the smartest cryptocurrency to buy with $500 right now." The article by Will Ebiefung from The Motley Fool highlights two key reasons: the U.S. regulatory environment is now more favorable than ever, and Ripple's new stablecoin RLUSD could boost adoption for cross-border payments.
This mainstream coverage could drive higher trading volumes and institutional interest toward the token.
XRP Price Breaks Descending Triangle Pattern
XRP gained 3.1% in 24 hours with increasing trading volume. The 4-hour chart shows XRP broke out of a descending triangle pattern – often a bullish reversal signal.
The price reclaimed the $3 level and broke above its recent lower high, suggesting a new uptrend may be forming. The RSI surged above the midpoint, signaling buyers are gaining control.
XRP Price Targets $4 and Higher
If this breakout holds, XRP could hit $3.30 soon, then potentially push toward $4 in the coming weeks. Some analysts eye $10 later this year.
The combination of positive coverage, regulatory clarity, and technical signals creates a strong setup for XRP as institutions show growing interest in crypto.
Usman Salis
