Victoria Bazir
A striking technical formation is taking shape on the XRP (Ripple) chart, and it's got traders paying attention. The pattern — a symmetrical triangle — shows XRP entering a tight compression phase where volatility contracts before what could be a decisive breakout. Right now, XRP is trading at $2.65, caught between a rising support trendline and a descending resistance trendline. It's a classic standoff between buyers and sellers, and the resolution could redefine where XRP heads next.
XRP Builds Tension Ahead of Potential Breakout
According to trader STEPH IS CRYPTO, the current setup highlights XRP sitting in an increasingly narrow range between $2.40 support and $3.00 resistance.
The structure shows consistent higher lows and lower highs — a battle that's drawing closer to its conclusion. Traders are watching closely for a move that could unlock XRP's next major leg.
Chart Analysis: Price Coils Between Key Levels
On the 3-day XRP chart from Binance, the symmetrical triangle pattern is clear. This is a classic technical structure that often precedes strong directional moves. The chart includes a projected target near $4.50, calculated from the triangle's widest point. If XRP closes above $3.00 with solid volume, it could rally toward that level — roughly a 70% upside from current prices. On the flip side, losing support at $2.40 would be a setback, potentially pushing the price down to $2.10, a previous accumulation zone.
Technical Context: What the Triangle Means
A symmetrical triangle represents equilibrium between bulls and bears, where price compression sets the stage for volatility expansion. XRP has formed similar patterns in past cycles, and those setups often led to explosive moves once momentum picked up again. The inset image on the chart reinforces this, labeling the structure as a "Symmetrical Triangle" with an upward continuation scenario. Historically, XRP has delivered strong multi-month rallies from comparable formations, especially when broader crypto sentiment improves.
Market Perspective and What's Next
The compression is happening while altcoins stabilize after recent volatility across major assets like Bitcoin and Ethereum. Ripple's growing adoption in cross-border payments and steady accumulation by large holders add fundamental weight to the bullish case. That said, analysts caution that until XRP confirms a breakout with high volume and a decisive close above $3.00, this remains a setup to watch rather than a done deal. The pattern's maturity suggests the next few weeks will be critical in determining whether XRP enters its next expansion phase or continues consolidating into early 2026.
Victoria Bazir
