XRP Breaks Symmetrical Triangle, Targets $15 Amid Market Momentum

• XRP’s breakout from a 6-year symmetrical triangle signals a strong bullish trend, with Fibonacci targets pointing toward $15 and beyond.
• Holding above the 1.0 Fibonacci level ($2.7506) is crucial for sustained gains, with key targets at $6.08, $9.22, and $16.73.
• Historical patterns show that long-term consolidations often lead to explosive moves, reinforcing XRP’s bullish breakout potential.

After crossing a key resistance, XRP had a strong bullish breakout. According to Ali, a prominent crypto analyst, it was finally an upside break of the symmetrical triangle of XRP that had been forming since 2018. This breakout now calls for a possible rally to $15, with bonuses from Fibonacci extension levels.

The price had been consolidating within the symmetrical triangle for several years. However, in early 2025, XRP broke out with strong momentum. it crossed the 1.0 Fibonacci level at $2.7506, a shift in market structure. This movement indicates a new bullish cycle, with Fibonacci levels providing insight into future targets.

XRP’s Symmetrical Triangle Breakout

The symmetrical triangle pattern took shape over an extended period. The price action displayed higher lows and lower highs, forming a narrowing range. Moreover, XRP fluctuated between the 0.236 Fibonacci level at $0.2950 and the 0.618 level at $0.9008 during consolidation. Several breakout attempts occurred near the 0.786 Fibonacci level ($1.4718), but the price repeatedly returned to support.

However, the recent breakout above the triangle confirms a strong bullish trend. The price reached $2.42 at the time of analysis, aligning with previous breakout trends. Ali suggests that sustaining above the 1.0 Fibonacci level is crucial for further gains. Additionally, historical price movements indicate that long-term consolidations often lead to explosive upward moves.

Fibonacci Levels Indicate Future Price Targets

Fibonacci extension levels suggest potential price targets with XRP’s upward movement continuation. The first key target is the 1.272 Fibonacci level at $6.0899. Furthermore, the 1.414 level at $9.2218 presents a new milestone. Ultimately, the 1.618 level at $16.7377 serves as a long-term target if bullish momentum persists.

The 1.0 Fibonacci level at $2.7506 represents strong psychological and technical resistance. XRP holding above this level could confirm further upside movement. Conversely, a retracement below this point could lead to temporary consolidation before the next move higher.