Usman Salis
XRP (Ripple) price action is entering a critical technical zone that's getting attention from crypto traders. The 3-day chart shows a symmetrical triangle formation — a pattern that typically appears before a big directional move. With XRP around $2.39, traders are watching to see whether the next impulse confirms a bullish continuation or triggers a deeper pullback.
XRP's Symmetrical Triangle Formation
Technical analyst STEPH IS CRYPTO highlighted this structure, pointing to the ongoing price compression where volatility drops before a larger move.
The chart shows a clear symmetrical triangle with converging trendlines: a descending resistance from August's lower highs and an ascending support connecting higher lows since March 2025. This consolidation reflects market indecision, with tightening price swings pointing to an upcoming volatility spike.
Key technical levels:
- Current price at $2.39, just above the lower boundary
- Support zone: $2.20–$2.25
- Resistance zone: $2.80–$3.00
- Measured move projection: $4.50
Market Context and Technical Outlook
This consolidation follows a mid-year rally when XRP pushed near $3.00 before pulling back. Since then, price action has tightened within the triangle, showing momentum is building but not yet released.
Several factors could influence the next move. Broader crypto sentiment is improving as Bitcoin holds steady. Ripple's expanding partnerships in Asia and the Middle East strengthen XRP's cross-border utility. Institutional accumulation is also visible near support zones.
Symmetrical triangles are neutral patterns that can break either way. A close above $2.80 with volume would favor bulls, while a drop below $2.20 could signal a corrective phase.
Technical Setup Points to a Volatility Shift
XRP's prolonged compression signals incoming volatility expansion. Historically, similar setups have led to sharp moves — sometimes over 50% once direction is confirmed. Momentum is tightly coiled, and the next few candles could clarify trend intent. A push through resistance might see XRP reclaim $3.50–$4.00, while losing support risks a slide toward $1.90–$2.00.
Usman Salis
