Analyst Predicts XRP Could Rally to $2-$4 Following Symmetrical Triangle Breakout XRP (CRYPTO: XRP) broke above the $1.45 resistance level on May 10, marking a significant shift after four failed attempts to clear the level since early April. The breakout occurred amid a 222% surge in trading volume, signaling strong institutional buying. Analysts suggest this could trigger a rally ranging from $2 to $4, with the $2 target based on the symmetrical triangle pattern XRP has been forming since February. A higher $4 projection would require a major catalyst, such as the passage of the CLARITY Act, which could drive ETF inflows similar to those seen with TON and ONDO in 2024 and 2026. The symmetrical triangle pattern, which has compressed XRP’s price range since February, is characterized by lower highs and higher lows. Each prior attempt to break above $1.45 was met with selling from break-even investors, preventing sustained gains. However, the May 10 breakout saw XRP hold above $1.45 despite initial resistance, confirming the pattern’s validity. The token currently trades near $1.47, up 3% in the past week, with the triangle’s apex expected to form within two weeks. Analysts note that the breakout’s success hinges on maintaining momentum and avoiding key resistance levels. Bird, an XRPL developer and meme coin creator, has drawn parallels between XRP’s current situation and the breakout trajectories of TON and ONDO. TON surged 350% in early 2024 after Telegram integrated its token into its messaging app, followed by an 110% rally in May 2025 following Pavel Durov’s governance takeover. ONDO, meanwhile, hit an all-time high of $2.15 in December 2024 after World Liberty Financial, a Trump-backed project, acquired its tokens. Both cases highlight how external catalysts amplified price moves beyond technical patterns.#xrp #clarity_act #bird #symmetrical_triangle #standard_chartered
