XRP is currently exhibiting a symmetrical triangle pattern on the 4-hour chart, indicating a potential breakout as the price consolidates. With decreasing volume as the triangle approaches its apex, market observers anticipate a significant price movement in either direction.

Despite recent gains, analysts suggest that XRP may continue its upward trajectory. In broader market trends, the Total3 chart reveals a bullish cup-and-handle breakout on the weekly timeframe, with the price successfully retesting support at $1.04 trillion. This development points towards a continuation of upward momentum, supported by increased volatility as indicated by the Bollinger Bands. The Stochastic RSI shows strong momentum, although it is slightly overbought, while the RSI Divergence Indicator confirms bullish strength.

Additionally, Bitcoin's dominance is experiencing a breakdown from a rising channel, suggesting potential strength for altcoins. The Stochastic RSI indicates an oversold condition, hinting at a possible short-term pause in the downward trend. Analysts note that a further decline toward 42% dominance could align with bullish sentiment for altcoins, reinforcing the positive outlook for various cryptocurrencies.