💸💸XRP Consolidates in Tight Triangle Pattern — 16% Breakout Move on the Horizon💰
$XRP is trading inside a tightening symmetrical triangle above $2.00, with the chart signaling a potential 16% breakout once price escapes the consolidation zone.
👉 XRP is coiling around $2.05, with price compressing between converging trendlines. Volatility has been shrinking for weeks as each swing becomes smaller, pushing the asset closer to a decisive move.
👉 The pattern is defined by a descending resistance line from lower highs and an ascending support line from higher lows. XRP has been oscillating between roughly $2.18 and $1.98, but the range continues to narrow. Chart projections indicate that a breakout in either direction could trigger a 16% price move.
👉 Recent sessions show XRP tapping both trendline boundaries without breaking through. This late-stage compression is classic triangle behavior — volume fades, ranges tighten, and the market coils before momentum returns. Traders are watching $2.10 and the lower support line closely, since these levels will likely determine the breakout direction.
👉 Symmetrical triangles often signal the calm before the storm, and the longer the consolidation lasts, the stronger the follow-through tends to be. With a 16% move projected, traders see this setup as a key inflection point for XRP’s next major swing.
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