XRP Nears Falling Channel Breakout, Eyes $4.06 Target

thecryptobasic2026-04-06 10:10:21

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XRP Nears Falling Channel Breakout, Eyes $4.06 Target

XRP could be eyeing a breakout from a multi-month falling channel pattern, with the mid-term breakout target sitting above $4. While XRP has staged a short-term relief bounce, up more than 3.55% in the last 24 hours, it remains within the downtrend that has endured since July 2025.

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