🔶Analyst Ali Martinez highlights XRP’s consolidation within a “bullish pennant” pattern. The key resistance level is $2.73. Breaking through this level could trigger a 12% rally, while failure might lead to a pullback to $2.05.
🔶A successful breakout from the pennant has the potential to push XRP’s price to $11, marking a new all-time high. Fibonacci levels support these targets: $2.91, followed by $4.73, with $11 as the ultimate objective.
🔶Market support, along with the resolution of the SEC lawsuit, strengthens XRP’s position. Investor optimism and a favorable technical backdrop further fuel expectations of substantial token growth.