Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Key with you:
-
XRP looks at 75% escape from the symmetrical triangle pattern.
-
Whale flows in May positively turned and signaled renewed accumulation.
-
The 2.34-2.40 range is a key zone in the short term.
XRP (XRP) has increased by approximately 6.50%in the last 24 hours to reach 2.20 USD 28 Ripple dropped his cross -fastening Against the US Securities and Exchange Commission (SEC).
The profits are part of the wider consolidation cycle after 575% of the XRP price boom since November.
Can the XRP price increase from current levels? Let’s explore.
XRP symmetrical triangular advice on ~ 75% rally
XRP created a textbook A symmetrical triangle formula Since he added nearly $ 3.40 in February. This structure marked with converging trend lines usually signals a continuing step after a strong previous trend – in this case, bull.
Since June 28, the XRP tested the upper trend line of the triangle for a potential escape. 50 -day exponential gliding average (50 -day EMA; red wave) near $ 2.20 acts as another resistance.
An interruption of confusion (or peak) of resistance could send a price assembly towards upside down by a triangle around $ 3.81, which is about 75% of the current price levels.
Whale accumulation XRP adds fuel to the escape work
The technical settings are in line with the growing signs of smart money accumulation.
90 -day average Average Whale XRP At the beginning of May, it turned positively and ended the long -term layout, which, according to Cryptoquant, spread from January to April.
This shift suggests that the large holders have recently placed a big step, with historical data supporting the trend.
For example, a similar storage activity began in August 2024 and in the fourth quarter was preceded by 420% of the XRP assembly. Since June 28, these tides exceeded 2024 levels and indicated renewed trust between whales.
By the end of 2025, XRP could map new maxima, which potentially verifies the bull escape from the triangle if onchain has a pattern.
The XRP liquidation thermal map indicates $ 2.34-2.40
Binance’s The XRP/USDT thermal map It emphasizes the range of $ 2.34-2.40 as a key resistance zone, with potential liquidation to group more than $ 525 million.
These zones often act as price magnets, with dense liquidity affecting the market direction.
The XRP approached the lower limit of this range in June, but faced rejection.
Related: Three signs that the XRP price will soon break out after a four -month consolidation
Decisive movement over $ 2.34 could have turned the script and trigger a short compression that forces the liquidation and drives the price towards $ 2.40, which potentially sets the phase for further upwards.
This article does not contain investment counseling or recommendations. Every investment and business step includes a risk and readers should do their own research in decision -making.
