- XRP nears apex of weekly triangle, signaling breakout pressure above $2.00.
- $12.76 target forms as XRP compresses between flat support and falling trendline.
- 3-day chart shows a squeeze near $1.80 support, with $5.00 in sight if the trend breaks.
XRP has formed distinct consolidation structures across weekly and multi-day timeframes, mirroring a historical pattern of accumulation, breakout, and expansion. As both technical formations mature and fundamentals evolve, analysts expect a decisive move that could set the tone for XRP’s next bullish leg.
Weekly Structure Signals Measured Upside Potential
A prominent analyst, Xfinance, believes XRP is nearing a critical breakout point that echoes previous market cycles. Since mid-2024, the chart has repeated a clear pattern of consolidation, breakout, and expansion. With legal momentum, ETF interest, and institutional presence increasing, he sees this setup as technically familiar but now fundamentally reinforced.
Source: X Finance Bull
X Finance focused on a symmetrical triangle forming above the $2.00 zone on the weekly time frame. His breakdown of the XRP/USDT pair on Bybit begins with the May–September 2024 consolidation phase, marked by narrow candles and fading volatility. In October, the price surged past resistance and peaked at $3.20 by January 2025, initiating the current corrective structure.
That pullback formed descending resistance against a flat support near $2.00, creating visible compression. After multiple support retests, he identified this area as a firm accumulation base absorbing sell pressure. The latest candle touches both resistance and support, signaling a breakout squeeze at the triangle’s apex.
Looking at Fibonacci levels, Xfinance projects a target of $12.7633, measured from the height of the previous rally. With no resistance zones marked between $3.20 and the target, the path above remains technically open for rapid expansion. He notes narrowing candle bodies and tighter ranges as signs of imminent directional movement.
Consolidation. Breakout. Expansion. It’s the same structure and setup, but this time, with deeper drivers behind it. As XRP price gains legal clarity, attracts institutional eyes, and expands its use cases, the current formation holds more than just technical potential. In Xfinance’s view, this breakout could mark the start of a fundamentally driven shift, not just another rally.
3-Day Triangle Builds Short-Term Pressure Below $2.50
On a shorter timeframe, XRP forms a descending triangle on the 3-day chart, stretching from December 2024 to April 2025. The pattern reveals price compression between falling resistance and stable support around the $1.80 zone.
That shift prompted a fresh technical review from Captain Faibik, who analyzed the structure in detail. His Binance chart shows clean lower highs forming a descending ceiling, while support remains unbroken across three key touchpoints.
Source: Captain Faibik
Interpreting the recent candlestick formation, he explains that wick lengths have shortened, showing reduced volatility as price nears the apex. Noting the price squeeze, he highlights a likely breakout window forming in late April, where expansion becomes imminent.
With trendline pressure increasing, he analyzes an upside leg targeting $5.00, illustrated by a large gray arrow on the chart. Price remains within the triangle, hovering between $2.00 and $2.50 as traders await direction from structural boundaries.
