XRP Prices Could Blast Higher to $3.40 as Major Bearish Pattern Fails

This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole.Imagine a basketball player executing a convincing fake jump shot and holding just before his feet leave the ground. The defender, anticipating a quick shot, jumps prematurely, only to create an opening for the offensive player to drive to the basket or take a wide-open shot.This analogy mirrors the price action in XRP, where the failure of a major bearish pattern has cleared the way for bulls to take control, opening up the potential for a strong upward move source: https://www.coindesk.com/markets/2025/05/13/xrp-prices-could-blast-higher-to-usd3-40-as-major-bearish-pattern-fails