The XRP price is compressed in a falling wedge pattern. XRP is in an uptrend with higher highs and higher lows. The daily RSI has broken its downtrend. Since July 21, XRP has been trading within this corrective pattern. If a daily candle closes above $2.91, a breakout is confirmed and the major target price would be $3.60, possibly reaching $4.00 and eventually into the $5 range. The analysis sees limited downside potential, but the risk reward ratio is good. The breakout is expected to happen within days.