- XRP trades between $1.35 and $1.45 in a triangle, with a 26% move likely once price breaks above resistance or below support.
- Low leverage keeps structure stable, suggesting reduced speculation and potential for a sharp move as leverage rebuilds.
- Sentiment hits two-year high after Rakuten integration, but resistance near $1.40 continues to cap upward momentum.
XRP holds between $1.35 and $1.45 on the daily timeframe as analyst Ali flags a tightening triangle formation. The structure formed as price compressed toward its apex, while CryptoQuant reported low leverage across the market. Meanwhile, Santiment recorded a two-year high in sentiment after Rakuten Wallet integration, even as price stayed capped.
Triangle Range Defines Immediate Structure
According to Ali, XRP trades inside a symmetrical triangle with clear boundaries. Price continues to move toward the apex as volatility compresses within the structure. Notably, the formation projects a potential 26% move once price breaks out.
However, the pattern remains neutral until confirmation appears. Because of this, Ali marked $1.35 support and $1.45 resistance as a no-trade zone. Price action inside this band has produced repeated false moves.
Therefore, confirmation becomes critical. A daily close above $1.45 points to $1.82, while a close below $1.35 exposes $1.
Low Leverage Keeps Market Structure Stable
Meanwhile, CryptoQuant highlighted a divergence between XRP price and leverage ratio. Price remains elevated, while leverage stays low and moves sideways. Importantly, this setup shows that speculative activity has reduced across the market.
Despite that, price has not followed lower, which keeps the structure intact. Historically, such conditions do not last long. The gap typically resolves through a sharp move rather than gradual change.
CryptoQuant added that when leverage rebuilds from low levels, price reactions tend to accelerate.
Sentiment Climbs but Resistance Holds
Meanwhile, Santiment reported that XRP sentiment reached a two-year high. The increase followed Rakuten Wallet integration, which lifted network attention. However, price continues to face resistance near $1.40.
This level has limited upward movement despite stronger sentiment data. Notably, this creates a disconnect between market mood and price behavior. As a result, focus remains on whether price can move beyond the defined range.
