XRP is showing strong signs of a major breakout, and traders everywhere are paying close attention. Crypto analyst Papa (@MamaGucci) has identified a symmetrical triangle on XRP’s chart. This pattern suggests a significant price move is imminent.
The symmetrical triangle forms as XRP’s price tightens between resistance and support. This price compression creates pressure, often followed by an explosive breakout. Analysts believe this setup could lead to a surge targeting the $11.00 to $14.00 range.
Fibonacci extension levels support this projection. At the same time, the downside risk remains above $1.70 if XRP fails to hold support.
XRP Price Compresses as RSI Signals a Hidden Build-up
While price remains relatively stable, the Relative Strength Index (RSI) shows a downward trend. This RSI divergence often signals a potential breakout is coming. Momentum may be shifting beneath the surface, preparing XRP for a powerful move.
As the symmetrical triangle nears its apex, anticipation builds. Technical traders know this pattern often leads to rapid price movement. Timing the breakout correctly is key to maximizing gains.
Whales Are Buying — And That’s No Coincidence
While charts are tightening, whale behavior is adding another layer of confirmation. According to a Fxcrypto News report, large investors have been quietly accumulating XRP. This pattern typically precedes high volatility in the market.
Whales don’t just buy randomly. They often position themselves before a major price swing. Their moves suggest confidence in an upcoming breakout. This behavior aligns perfectly with the technical triangle formation.
If whales are accumulating now, the smart money sees serious upside ahead. Their activity reinforces the belief that XRP could surge very soon.
Key XRP Levels Could Confirm the Breakout
Currently, XRP trades around $2.41. The $2.35 level serves as an immediate support zone. Holding above it keeps bullish momentum alive. If XRP closes a daily candle above $2.71, traders may see a rally.
That breakout could take the price toward the $3.00 to $3.40 range in the short term. On the other hand, if XRP fails to maintain $2.35, it might drop toward $2.20 or even $1.80. For now, traders should watch these key levels closely.
Analysts believe that maintaining structure above $2.35 will give XRP the fuel needed to climb higher. A confirmed breakout above $2.71 would likely trigger significant bullish momentum.
Long-Term Forecast: Could XRP Really Reach $27?
While short-term projections target $14.00, some analysts are looking much higher. EGRAG CRYPTO (@egragcrypto) recently revisited his “Bermuda Triangle” theory. Based on this model, he sees a long-term target of $27 for XRP.
This prediction might seem bold, but historical trends support the possibility. XRP has shown strong rallies after long consolidation periods before. Fibonacci projections also back the potential for a high upside move.
If XRP confirms its breakout and enters a long-term uptrend, reaching $27 may not be unrealistic. While this remains speculative, it still excites investors and reinforces XRP’s growth narrative.
Why This May Be XRP’s Defining Moment
Every few months, a setup comes along that catches the attention of serious traders. XRP’s symmetrical triangle is that kind of setup. The convergence of whale accumulation, RSI divergence, and tightening price action signals an opportunity.
Traders who understand this moment could enter early and ride the wave. However, confirmation remains crucial before placing large bets. The key lies in monitoring price action and reacting decisively when signals align.
Those who wait for confirmation above $2.71 may gain the confidence to ride the next leg higher. Meanwhile, managing risk below $2.35 helps protect capital if the move fails.
Get Ready: The Breakout Could Happen Soon
XRP is moving into a critical phase. The symmetrical triangle is tightening, and the market is bracing for a breakout. Whales are accumulating, analysts are setting bold targets, and momentum is building.
Read Also: XRP Surges Past $2.45: Can It Break $3 Soon?
Traders should prepare for volatility. XRP could break out any day now. Confirmation may arrive quickly, and the window to act will be short.
