XRP has been trading within a narrowing symmetrical triangle pattern on the 4-hour chart, with price action compressing between a rising trendline from late June and a descending resistance line from the July peak. After rallying sharply from the June lows to an all-time high of $3.65 in mid-July, XRP entered a consolidation phase. CryptoBull (@CryptoBull2020), a prominent crypto analyst, drew attention to this formation in a post on X. The pattern has been marked by lower highs and higher lows, indicating equilibrium between buyers and sellers ahead of a potential breakout. The latest move saw the token pull back to around $3.08, a decline of nearly 6% on the day. This drop brought XRP directly to a key confluence zone where the ascending trendline meets former horizontal resistance near the $3.1 level. According to CryptoBull, the market is now “retesting the breakout from the lows while turning former resistance into support,” which suggests this zone could be pivotal for the next directional move. #XRP retesting the breakout from the lows while turning former resistance into support. HIGHER! pic.twitter.com/jzdjm8Qmn3 — CryptoBull (@CryptoBull2020) August 14, 2025 Technical Context and Market Positioning The symmetrical triangle on the chart typically represents a period of consolidation before a continuation or reversal. In XRP’s case, the structure has formed after a pronounced upside move, which in classical technical analysis often gives a bullish bias to the eventual breakout. However, a break below the rising trendline would weaken that case and open the door to deeper retracement levels. The 200-day moving average remains well below current price levels, reinforcing the magnitude of XRP’s recent gains and the strength of the prevailing trend . Trading volume has contracted during the consolidation, a common feature of symmetrical triangles, but spikes in activity are likely once the price breaks decisively in either direction. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Reclaiming the $3.5 area and gaining momentum could put previous highs back in focus. However, failure to hold the current support could shift attention toward the $2.7 to $2.8 zone, where prior accumulation occurred. Outlook Ahead of Pattern Resolution With the apex of the triangle approaching, XRP is nearing its breakout point. While CryptoBull did not specify how high the asset can climb, another analyst recently highlighted a multi-year symmetrical triangle that could send the asset to $12.6 . The retest of support shows the importance of this level for maintaining the bullish structure. If buyers defend it successfully, the technical setup remains constructive for another attempt at higher resistance. 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 XRP Retesting the Breakout from Lows. Analyst Says Huge Rally Looms appeared first on Times Tabloid .
