XRP Nears $1.45 as Symmetrical Triangle Sets Up Possible 35% Move

XRP Nears $1.45 as Symmetrical Triangle Sets Up Possible 35% Move

N
News Editor 01
2026-07-23 13:00:16
XRP is trading near $1.448 with a symmetrical triangle forming on the 12-hour chart. Analysts say a breakout near the apex could bring a roughly 35% move, with $1.55 as a key upside trigger and $1.38 to $1.30 as support to watch.
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XRP is trading in a tightly compressed range near $1.448, with chart watchers focusing on a symmetrical triangle that has formed on the 12-hour timeframe. The setup has pushed price action into a narrow zone, leaving traders watching for a decisive move as the pattern approaches its apex.

Triangle compression puts a 35% move in focus

Charts shared by analyst Ali Martinez show XRP moving between converging upper and lower trendlines in a clear symmetrical triangle. Based on that structure, a confirmed breakout near the apex could lead to a move of roughly 35%. In the bullish case, the projected target sits around $1.80 to $1.85.

Analysts cited in the report said a close above $1.55 would strengthen the bullish case and could open the way toward $1.90. On the downside, $1.30 remains the main support area. A drop below that level would weaken the current positive setup. Martinez said symmetrical triangles often come before sharp breakouts, and he pointed to the apex as the most important level in the pattern.

ChoCH signal appears on the 4-hour chart

Shorter-term market structure shows XRP stabilizing near major support after a pullback that followed its latest rise. On the 4-hour chart, a previous downtrend gave way to sideways trading, and a Change of Character (ChoCH) signal suggested buyers were starting to gain traction. For now, price is still holding within the demand zone.

If that area remains intact, XRP could still make a short-term push toward $1.51. If support gives way, lower price levels may come back into play. The report listed resistance at $1.437, $1.477, and $1.51, while support levels were placed at $1.393, $1.381, and $1.360.

Indicators show hesitation rather than conviction

Even with the chart pattern tightening, broader technical dashboards are not pointing in one direction. TradingView data showed a mixed combination of buy, sell, and hold signals. That reflects a market still split on what comes next. The hesitation is visible across several indicators.

The Relative Strength Index and the Stochastic Oscillator are both sitting in neutral territory, offering no strong directional signal. The Average Directional Index also points to a weak trend, indicating that momentum has not yet taken hold. At the same time, short-term moving averages are acting as dynamic support below price, while longer-term averages remain overhead and continue to cap the upside.

Liquidity and regulation remain part of the backdrop

The report also tied XRP’s outlook to broader liquidity conditions and ongoing regulatory developments. Legal proceedings and possible ETF launches were cited as indirect factors affecting price behavior. In periods of tighter liquidity, longer stretches of consolidation tend to appear, and the current triangle formation fits that backdrop.

The article added that accumulation by major investors and a drop in exchange supply may support a future upside move. At the time of publication, data from CryptoAppsy showed XRP at $1.448, up 1.89% over the last 24 hours. For traders watching the next signal, the key levels remain clear: a close above $1.55 would favor the bullish scenario, while a break below $1.38 would point to a deeper correction risk.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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