XRP is experiencing renewed bullish sentiment, with whale flows turning positive in May, indicating increased accumulation. Following a symmetrical triangle pattern, XRP is poised for a potential breakout, targeting a price around $3.81, roughly a 75% increase from its current level of $2.20 as of June 28. This technical pattern has emerged since XRP peaked near $3.40 in February. The cryptocurrency has witnessed a substantial price increase of 575% since November, fueled by optimism surrounding its legal battle with the US Securities and Exchange Commission (SEC). As whale accumulation intensifies, which has historically preceded significant price rallies, confidence in a positive price movement appears to be growing. Additionally, analysts are monitoring the $2.34 to $2.40 resistance zone, where substantial liquidations could prompt further upward movement if breached. The potential for XRP to achieve new highs is hinted at for late 2025 if current trends persist, validating the bullish breakout concept.

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