With XRP seemingly establishing itself solidly above the $2 support zone, the asset’s technical setup suggests a push toward a record high of $7 may be in the offing. This outlook comes just days after the token suffered one of its most notable sell-offs of the year, briefly crashing below $2 before bulls regained control in line with broader market sentiment. The bullish outlook toward the next record high was highlighted by analyst Ali Martinez, who noted that XRP is forming a right-angled ascending broadening wedge, a pattern that often precedes large breakout moves when the lower boundary holds. In an X post on November 25, the analyst indicated that XRP is hovering just above the crucial $2 support zone, a level that has repeatedly served as the base of its multi-year structure
source: https://finbold.com/xrp-just-flashed-path-to-7-record-high/