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XRP’s price action suggests a potential breakout as technical analyst CasiTrades identifies the completion of its corrective phase, with Wave 3 now in motion. The token’s recovery to $2.19 sets the stage for a critical test at the $2.25 resistance level. Meanwhile, Ripple’s decision to drop its SEC appeal adds a bullish fundamental backdrop.
- XRP's price has completed its corrective phase and entered Wave 3, with a key resistance test at $2.25.
- Ripple's decision to drop its SEC appeal removes a major legal overhang, boosting market sentiment.
- A breakout above $2.25 could propel XRP toward $2.45–$2.69, with $3.00 as a longer-term psychological target.
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