Saad Ullah
XRP (Ripple) is sitting on a ticking time bomb right now. At $2.95, it's caught in what traders call a symmetrical triangle – basically, the price keeps bouncing between two lines that are getting closer and closer together. Think of it like a pressure cooker that's about to blow.
Here's the thing: we're running out of room. The triangle is squeezing tighter, and something's gotta give in the next 10 days. When patterns like this break, they don't mess around – the moves can be pretty dramatic.
XRP Technical Setup: The Calm Before the Storm
Right now, XRP can't seem to break above $3.10 (that's our ceiling), but it's also not falling below $2.80 (that's our floor). It's like watching a tennis match where nobody can win a point.
The RSI is sitting right at 49 – totally neutral. Not too hot, not too cold. This tells us the market genuinely can't decide what to do next. Volume has been dropping too, which is normal for these triangle patterns, but it also means when the breakout finally happens, we'll need to see some serious buying or selling to make it stick.
XRP (Ripple) Price Targets: Where Could We Go Next?
If XRP manages to punch through that $3.10 resistance, we could see it race back up to the $3.30-$3.50 zone pretty quickly. Bulls have been waiting for this, and a breakout could trigger some serious FOMO buying.
But here's the flip side – if that $2.80 support gives way, things could get ugly fast. We're looking at a potential drop to $2.70, and if sentiment really turns sour, XRP might even test its 200-day moving average, which is sitting much lower.
The 50-day and 100-day moving averages are hanging around as support right now, but that $2.75-$2.80 zone is make-or-break territory for anyone betting on XRP going higher.
The 10-Day Countdown: What Traders Are Watching
Volume has been pretty weak during this whole triangle formation, which is typical but also means any real breakout needs to come with some serious participation. Without that volume spike, we might just see a fake-out move that doesn't go anywhere.
The market can't make up its mind – buyers and sellers are basically arm-wrestling with nobody winning. But that stalemate is exactly what creates these explosive setups.
We've got about 10 days before this triangle reaches its tip and forces a decision. The setup is crystal clear: something big is coming. The only mystery is whether XRP breaks up toward $3.10+ or down below $2.80.
All eyes are on those two levels now. Once one of them breaks, XRP's next chapter begins. The countdown is on.
Saad Ullah
