Peter Smith
XRP has been trading sideways for over two months, stuck inside a narrowing triangle pattern that's getting tighter by the day. This kind of setup usually comes before a big price move, and the longer it lasts, the more explosive the breakout tends to be. Right now, traders are watching the charts carefully, waiting to see which way XRP will go.
Key Levels
According to analyst CRYPTOWZRD, the price action is approaching a critical point. The main resistance level sits at $3.05, and if XRP manages to push through that barrier, it could climb toward $3.65—a potential gain of around 20% from where it's trading now. On the flip side, if sellers take control, the $2.80 level is expected to act as support and slow down any drop.
- Resistance: $3.05
- Support: $2.80
- Target: $3.65
The chart shows a clear breakout zone where the price needs to break above a downward-sloping trendline. If that happens, it could kick off a strong upward move. XRP has a history of rewarding patient traders after long periods of quiet trading, often following up with sharp rallies once the consolidation ends.
What Happens Next
If XRP closes above $3.05 with solid trading volume, momentum could build quickly and push the price toward $3.65. But if it fails to break through, we're likely to see more sideways, choppy trading within the current range.
For now, XRP looks like it's getting ready for a decisive move, and traders are preparing for whatever comes next. This could be the moment that sets the tone for XRP's next major trend.
Peter Smith
