XRP Price Eyes $3.20 as Breakout from Pennant Pattern Fuels Rally Speculation
Published at：2025年07月04日 08:45
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XRP has demonstrated strong bullish momentum following its breakout from a weekly pennant pattern, with technical indicators suggesting a potential 40% price surge toward the $3.20 level. This upward movement is supported by growing futures market interest and favorable regulatory developments surrounding Ripple's banking partnerships in the US. Analysts highlight the combination of increased open interest in derivatives markets and clearing regulatory uncertainty as key drivers for XRP's price action.
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