XRP Eyes $10 Breakout While PENGU Targets $1 in Strong Uptrend

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XRP formed a bullish flag with a breakout target of $10.078.

PENGU shows continued upside with resistance at $0.009684 and support at $0.009078.

XRP trades at $2.10 with critical support at $2.08, resistance near $2.18.

XRP has recently completed a classic bull flag formation on the daily chart, suggesting a continuation of its prior uptrend. The technical pattern consists of a steep flagpole, followed by a parallel channel forming the flag. A clean breakout has now emerged above the channel's upper boundary. This confirms the bullish setup, drawing attention to a projected upside target of $10.078.

Notably, the chart shows XRP rising steeply before entering consolidation. The flag structure extends over several months and forms lower highs and lower lows within parallel lines. A breakout from this zone has historically indicated strong bullish momentum. The 1.618 Fibonacci extension level also aligns closely with the $10 price projection.

Support and Resistance Define XRP's Current Setup

As of now, XRP trades at $2.10, down 3.9% in the last 24 hours. Support sits tightly at $2.08, while immediate resistance is marked at $2.18. Despite the slight pullback, the breakout above the flag remains intact.

This price range places XRP near a decision zone, where bulls must hold above the breakout to confirm further upside. On the chart, the 0.5 Fibonacci retracement level also appears around $3.29, possibly acting as an intermediate target. However, the upper breakout path leads toward the higher extension near $11.07.

A well-defined flagpole and consistent support trend reinforce this bullish continuation. The structure supports a sustained move if XRP holds the new breakout level over time.

PENGU Sees Strength as Price Climbs Toward $0.01

Alongside XRP, PENGU has also attracted attention with an upward move of 3.4%. It now trades at $0.0097. Support lies near $0.009078, and short-term resistance stands at $0.009684.

The 24-hour BTC comparative gain of 3.7% indicates growing strength. PENGU is approaching its local resistance and remains within a tight range, hinting at continued consolidation or breakout potential.

The correlation with XRP's breakout suggests shared market sentiment across selected altcoins. While the XRP move stems from a clear pattern, PENGU’s trajectory reflects buyer interest and consistent momentum. Together, both assets are navigating key technical levels, with price action defining their next directions.

The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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