XRP dey eye $6 afta wey e don break six-year triangle

XRP price sharp go up reach $3.61 after e weekly close pass $3, wey confirm say di market don change from bearish to bullish since six years old symmetrical triangle. Chart analyst Ali Martinez talk say e expect di price go waka to $6 based on 1.272 Fibonacci extension, and e even talk say higher target fit reach $7.94 and $26. Derivatives data show say spot volume don increase by 45.5% reach $19.41 billion, open interest up by 4.4% reach $11.15 billion and options volume up 137.7%, wey show say speculative demand dey go up. On-chain metrics talk say more than 2,700 whale wallets hold at least 1 million XRP, wey dey control almost half di circulating supply. Golden cross on top MVRV ratio mean investor optimism don fresh again. Future momentum depend on if e fit keep support pass $3; if price drop under $2.85, e fit cancel break out. If XRP futures ETFs launch and spot ETF speculation continue, e fit make price increase go $6 if di bullish momentum still dey.
Bullish
Di six-year triangle breakout and weekly close wey pass $3 dey point strong bullish momentum for XRP price. On-chain data dey show plenty big whale accumulation plus golden cross on top MVRV ratio dey boost investor optimism. Derivatives volumes dey increase, and ETF developments dey add institutional demand. Short term, if support hold above $3, e go help further gains go $6. Long term, continued network growth and ETF approvals go decide if the uptrend go strong past initial targets.