Technical Analysis and Scenarios for XRP (Ripple)

1. Symmetrical Triangle Pattern

Multiple patterns indicate a narrow triangle combining support and resistance, paving the way for a decisive breakout soon.

• Breaking resistance at ~$2.50 opens the door to a potential rise to $2.70–$2.84 .

2. Brand Analysis and Standard Curves

Analysts like Peter Brandt found a breakout from a triangle that extended for 7 years, targeting $4–$5 .

Predictions reaching $15 or more are extreme scenarios .

3. Momentum Indicators

The MACD and Stochastic RSI indicators entering strong zones often support an upward move in the coming weeks .

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Supporting Fundamental Factors

• Regulatory Legislation: The SEC's committee has paused trials following a potential settlement, boosting confidence .

• Institutional Adoption: CME starts futures contracts on XRP, and institutions like Bitget expect $5 by the year's end .

• Trump Factor: Efforts to support ETF and reserve strategies including XRP, enhancing the regulatory environment.

Failure to break or hold above resistance for a corrective wave may lead to support levels of $2.15–$2.20 .

• The highly volatile nature of the market enhances the importance of capital management and stop-loss, especially amid legal or economic uncertainties.