⬤ XRP continues to compress inside a long-term symmetrical triangle that is approaching its apex, the kind of formation that typically precedes a strong directional move. Despite recent volatility, the overall structure remains unchanged, and the pattern is still playing out as expected.
⬤ The monthly XRP/USD chart tells the story clearly. The most recent candle printed a high of $1.6854 and a low of $1.2317, closing at $1.3493 for a roughly -18% period move. Price is holding above the 0.702 Fibonacci level at $1.2401 and the 0.618 support near $0.9239. The visible pullback fits within the triangle’s internal structure and does not point to a breakdown, at least not yet.
⬤ The upside targets are significant. A breakout from the triangle base projects an initial move toward $5.00, roughly a 500% advance. Beyond that, a larger measured move sits near $26.36, equivalent to around 2,600% from the breakout zone. Fibonacci extensions refine the picture further: the 1.272 level lands near $9.14, the 1.414 near $15.03, and the 1.618 around $30.71, with additional zones marked at $7.7 and $33. These levels align with earlier analysis covered in XRP triangle breakout targeting $10-$27 zone and the XRP Fibonacci roadmap pointing to $8, $13, and $27.
⬤ What makes this setup matter is timing. Large triangle patterns tend to resolve in one decisive move, and the compression phase is running out of room. A confirmed break above the upper boundary opens the door to the extension targets above. Failure to hold key retracement levels, however, would put the bullish case under real pressure. The pattern detailed in XRP symmetrical triangle breakout approaching is reaching a decision point that could define XRP’s trajectory for the cycle ahead.
XRP Price Prediction: Triangle Setup Maps $7.7, $15, and $33
⬤ XRP continues to compress inside a long-term symmetrical triangle that is approaching its apex, the kind of formation that typically precedes a strong directional move. Despite recent volatility, the overall structure remains unchanged, and the pattern is still playing out as expected.
⬤ The monthly XRP/USD chart tells the story clearly. The most recent candle printed a high of $1.6854 and a low of $1.2317, closing at $1.3493 for a roughly -18% period move. Price is holding above the 0.702 Fibonacci level at $1.2401 and the 0.618 support near $0.9239. The visible pullback fits within the triangle’s internal structure and does not point to a breakdown, at least not yet.
⬤ The upside targets are significant. A breakout from the triangle base projects an initial move toward $5.00, roughly a 500% advance. Beyond that, a larger measured move sits near $26.36, equivalent to around 2,600% from the breakout zone. Fibonacci extensions refine the picture further: the 1.272 level lands near $9.14, the 1.414 near $15.03, and the 1.618 around $30.71, with additional zones marked at $7.7 and $33. These levels align with earlier analysis covered in XRP triangle breakout targeting $10-$27 zone and the XRP Fibonacci roadmap pointing to $8, $13, and $27.
⬤ What makes this setup matter is timing. Large triangle patterns tend to resolve in one decisive move, and the compression phase is running out of room. A confirmed break above the upper boundary opens the door to the extension targets above. Failure to hold key retracement levels, however, would put the bullish case under real pressure. The pattern detailed in XRP symmetrical triangle breakout approaching is reaching a decision point that could define XRP’s trajectory for the cycle ahead.