Web Analytics
TimesTabloid
2025-06-18 10:50:05

This is XRP Last Week of Consolidation. Expert Says Next Week Is Moontime

After months of tightening price action, XRP is approaching the apex of a symmetrical triangle on the weekly chart. Traders often watch symmetrical triangle patterns closely for decisive breakouts. With volume compressing and the trading range narrowing, the current structure suggests a major move is imminent. Among those closely tracking the setup is CryptoBull (@CryptoBull2020), who believes this will be the final week of consolidation before XRP enters what he calls “MOONTIME.” This is the last week of consolidation for #XRP . Next week is MOONTIME! pic.twitter.com/WCpJjdNboC — CryptoBull (@CryptoBull2020) June 17, 2025 Price Action and Volume Behavior CryptoBull shared a weekly chart revealing a sustained series of higher lows and lower highs forming a wedge-like structure since early 2025. Volume has gradually diminished over time, an expected trend during consolidation phases, and the price has moved increasingly closer to the apex of the triangle. The triangle began forming after XRP’s multi-year peak of $3.39 in January. The asset performed spectacularly that month, closing the month above $3 for the first time after maintaining that level for 16 consecutive days . However, the broader market experienced a decline in early February , and this pushed XRP down into the symmetrical triangle and almost broke through the bottom trendline. What followed was months of sideways trading without any major, extended decisive moves. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 As of the most recent weekly close, XRP is trading near $2.16, with a slight decline of 3.37% in the past week. The chart also shows the price moving just below the 200-day moving average, which currently acts as a dynamic resistance level. Price action has remained tightly compressed within the symmetrical triangle, and the narrowing range reflects mounting pressure that could soon resolve in a significant directional move. Bullish Sentiment from Analysts CryptoBull’s post reflects increasing bullish conviction among traders who view this pattern as a precursor to volatility expansion. Other analysts have also spotted multiple notable technical indicators. Amonyx (@amonbuy), a well-respected analyst, recently drew attention to an ascending triangle and double-bottom formation , expecting a massive breakout soon. Cobb (@Cobb_XRPL) has highlighted a potential rally based on historical trends , anticipating a new all-time high in the asset’s immediate future. The fact that XRP has continued forming higher lows is a signal that bullish momentum may be gradually building. To validate CryptoBull’s pattern and potentially begin the climb toward a new all-time high, XRP’s next weekly close needs to be above the upper resistance line just below $2.4. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post This is XRP Last Week of Consolidation. Expert Says Next Week Is Moontime appeared first on Times Tabloid .

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.