XRP is getting tighter in a big symmetrical triangle, bouncing between 2.04 support and the downward resistance line.This structure usually ends with a sharp breakout as volatility coils to its lowest point.
🔹Price is respecting the higher-low trendline, showing buyers still defending the structure.
🔹Each bounce is getting smaller → volatility is squeezing → breakout is nearing.
🔹Liquidity is building around 2.00–2.05, making this the key pivot zone.
📌 Levels to Watch
Support Zone: 2.00 – 1.98
Holding this keeps the triangle intact.
Resistance Zone: 2.18 – 2.22
A breakout above this triggers bullish continuation.
🎯 Breakout Scenarios
Bullish:
A clean breakout above 2.22 can push XRP toward:
→ 2.30
→ 2.45
Bearish:
Losing 1.98 opens downside liquidity toward:
→ 1.90
→ 1.82
XRP is now at the tightest point of the triangle — expect a decisive move soon. 🚀
🔹Price is respecting the higher-low trendline, showing buyers still defending the structure.
🔹Each bounce is getting smaller → volatility is squeezing → breakout is nearing.
🔹Liquidity is building around 2.00–2.05, making this the key pivot zone.
📌 Levels to Watch
Support Zone: 2.00 – 1.98
Holding this keeps the triangle intact.
Resistance Zone: 2.18 – 2.22
A breakout above this triggers bullish continuation.
🎯 Breakout Scenarios
Bullish:
A clean breakout above 2.22 can push XRP toward:
→ 2.30
→ 2.45
Bearish:
Losing 1.98 opens downside liquidity toward:
→ 1.90
→ 1.82
XRP is now at the tightest point of the triangle — expect a decisive move soon. 🚀
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.