The $XRP Pennant: Why a Breakout Toward $1.60 is "Imminent" Despite Low Volume 📈🚀 $XRP is currently locked in a massive pennant formation, trading just above the critical $1.40 support. 🚀 While the price action has felt "flat" to some, technical indicators suggest that pressure is building behind the scenes. With the price approaching the apex of this pattern, a breakout is no longer a matter of "if," but "when." The primary target for the bulls is the $1.60 resistance. 🛡️ This level has rejected $XRP twice already this year (in February and March), making the upcoming third attempt a defining moment for the mid-term trend. The only missing piece of the puzzle right now is volume. Trading volume has been in a steady decline since March, meaning a successful breakout will require a "double spike": first to exit the pennant and second to smash through the $1.60 wall. Why the Momentum is Shifting: Weekly MACD: The histogram remains bullish for the third consecutive week, consistently printing higher highs. 📊 Psychological Target: If buyers reclaim $1.60 with high volume, the path toward the $2.00 milestone becomes the next logical trajectory. 🎯 The trend is your friend until the end, and right now, the weekly MACD is screaming that the bulls are just waiting for the right trigger to ignite the engines. ⚙️💎 #Altcoin Season# #Ripple #XRP #CryptoNews