XRP price has increased by 6.8% since Monday, trading around $2.70, as analysts observe essential support levels necessary for a recovery toward new all-time highs. Key patterns indicate the potential for a significant trend reversal, with ripple effects from whale activity enhancing bullish sentiment. A symmetrical triangle formation in XRP's price chart suggests that an upward breakout above $3 could lead to a 42% price increase, targeting $4.08. Analysts emphasize that holding above the $2.70 support level is crucial, as falling below could introduce further downside risks. Accumulation by large holders, particularly those holding between 1 million and 10 million XRP, indicates confidence in price recovery, reducing selling pressure. Analysts also noted the importance of the $3.40 and $4.00 resistance levels as critical milestones for further advances. Overall, the market appears to be gearing up for a potential trend shift, supported by positive holder sentiment and technical indicators.

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