XRP Price Jumps 8%: Ascending Triangle Breakout and Bullish RSI Signal New Rally

The price of XRP has experienced a significant surge of 8%, fueling optimism among traders and investors. This upward movement is primarily attributed to a technical breakout from a key ascending triangle pattern observed on the charts. Concurrently, a bullish crossover in the Relative Strength Index (RSI) has provided additional confirmation of strengthening momentum. These combined technical indicators suggest the potential for a fresh rally phase for the digital asset. Market analysts are now closely watching key resistance levels, as a sustained break could pave the way for further gains in the near term. The positive price action highlights renewed interest and buying pressure in the XRP market.