$XRP is operating within a symmetrical triangle pattern that suggests a big move is coming soon. If the token surpasses resistance around $2.80–$2.90, analysts believe it could rise towards the $4.50 mark—a potential increase of 70% from current levels.
After months of sideways movement, XRP seems to be gearing up for something big. Right now, XRP is near $2.65, trapped between an ascending support and a descending resistance. The tighter this range becomes, the greater the eventual breakout could be. Traders are watching closely as $XRP approaches the apex of the triangle, waiting to see which direction it will break.
👉✨The Technical Setup
The chart shared by STEPH IS CRYPTO shows a classic symmetrical triangle on the 3-day time frame—a pattern that typically appears before sharp price movements. The price of XRP has been consolidating between two converging trend lines for months. The lower line has been rising from around $1.50, while the upper line has been descending from approximately $3.60. This creates the symmetrical triangle—a neutral pattern that can break in either direction but often leads to explosive moves once resolved.
👉✨This is what matters at the moment:
✅Current price: Around $2.65, sitting in the middle of the triangle
✅Support zone: $2.30–$2.40, where buyers have consistently intervened
✅Resistance zone: $2.80–$2.90, the upper limit that needs to be broken
✅Breakout target: $4.50, based on the height of the triangle—representing a potential rally of 70% or more
A strong close above $2.90 with solid volume would confirm the breakout and open the door to that $4.50 target. Conversely, losing support near $2.30 could trigger a pullback towards $2.00 and nullify the bullish setup.
👉✨Why this matters now
The technical compression is occurring at an interesting time. Ripple has been advancing with institutional partnerships, and there is growing interest in its On-Demand Liquidity services. Meanwhile, the broader cryptocurrency market has stabilized: Bitcoin remains above $110K, and liquidity is starting to flow back into major altcoins. XRP has historically been a strong performer in these types of cycles, so the timing could play in its favor.
If the breakout aligns with positive fundamentals, the movement could amplify even further.
The compression phase of $XRP is coming to an end. The symmetrical triangle has completed its cycle, and something has to give soon. If the bulls can overcome that resistance of $2.80–$2.90 with conviction, we could see XRP rise towards $4.50—a level it hasn't touched in years.
Until then, keep an eye on the volume and how the candles close. The next breakout could set the tone for XRP's entire year.
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