XRP Holds Above $2 Support as Technical Pattern Suggests Potential Move Toward $7
XRP maintains its position above the $2 support level following a recent sell-off, with technical analysis indicating a possible advance toward $7. On November 25, analyst Ali Martinez identified a right-angled ascending broadening wedge pattern projecting an initial climb toward $4.50 resistance before a potential breakout to $7, which would represent a market capitalization of approximately $440 billion. The cryptocurrency traded at $2.23 at the time of analysis, recording a nearly 8% gain over 24 hours.