XRP has formed a symmetrical triangle pattern under $3.00, centered around a breakout level at $3.30. Trading within a narrow range of $2.81 to $2.87 in a 24-hour period, large wallets have been accumulating XRP, purchasing approximately 340 million tokens, despite significant institutional liquidations totaling $1.9 billion since July. Transaction volume on the XRP Ledger surged to 2.15 billion XRP, indicating increased activity. While some analysts forecast potential price targets from $7 to $13, others caution about resistance below crucial trendlines. The current price action shows support around $2.82 and resistance between $2.86 and $2.88, with $3.00 serving as a psychological barrier. Technical indicators such as the RSI suggest a neutral bias, with the MACD indicating possible bullish momentum if trading volume remains high. Traders are watching for continued support at $2.82 and a decisive close above $2.86 to confirm upward movement.

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