XRP Price Tightens Below $3, Analyst Lark Davis Says $4 Breakout Next

• XRP trades near $3 under a descending resistance line as Lark Davis charts a $4 target.
• A close above $3 with stronger volume could confirm breakout and start a run toward $4.
• Retail FUD and Teucrium’s ETF launch add mixed signals but keep traders focused on $2.94 support.

XRP traded just below a long-standing descending resistance line that has rejected bullish attempts since mid-2025. 

Prominent analyst Lark Davis shared a chart highlighting a descending triangle pattern, showing the token compressing toward a critical breakout point. 

At around $2.96, XRP faces immediate resistance near $3.00, while the 20-day EMA at $2.94 serves as its first support line.

XRP cannot catch a break! Keeps getting smashed down on attempts to break the descending resistance line.

Break the orange line and $4 comes into focus, failure here and you better hope the 20 day EMA…

Read The Full Article XRP Price Tightens Below $3, Analyst Lark Davis Says $4 Breakout Next On Coin Edition.