XRP Jumps 4% as Traders Eye 'Triangle Breakout' Toward $1.35 Target

XRP surged 4% over the last 24 hours, capturing market attention as traders look for signs of a definitive trend reversal. The current price action is centered around a critical triangle breakout pattern, signaling a potential shift in momentum for the major altcoin.

To validate a strong bullish reversal, XRP must achieve a clean break above the key supply zone ranging from $1.24 to $1.28. Successfully navigating this resistance could pave the way for a rally toward the $1.35 target, marking a significant milestone for XRP holders.

XRP pushed higher over the last 24 hours, testing short-term resistance levels. However, the larger chart structure still requires a clean break above the $1.24-$1.28 supply zone to confirm a stronger reversal. Traders are closely watching a potential triangle breakout that could propel the asset toward the $1.35 mark.