Ali Martinez (@ali-charts), a well-followed cryptocurrency analyst on X, has presented a new perspective on XRP’s near-term 0 recently shared a chart noting that the digital asset is trading within a descending triangle with a potential 25% breakout on the 1 observation comes at a time when XRP has been struggling to maintain upward momentum, reflecting a broader cooling period in the altcoin market. $XRP consolidates in a triangle ahead of a 25% price move! 2 — Ali (@ali_charts) September 6, 2025 Recent Market Performance In recent weeks, XRP has failed to reclaim the strong gains it posted in 3 price slipped back from its all-time high of $3.65 , weighed down by profit-taking and broader risk-off conditions in digital 4 early September, the digital asset experienced another decline , finding support close to $2.7.
XRP had settled near the $2.80 mark, but the decline has underlined the asset’s inability to sustain its mid-August rally, leaving traders cautious about the next directional 5 Structure on the Chart The chart Martinez shared provides a closer look at the current market 6 the 12-hour timeframe, XRP is confined within a descending triangle 7 structure is defined by a series of lower highs meeting strong horizontal support in the $2.7 to $2.8 8 retracement levels drawn from the recent price swings provide context, showing the asset’s price activity repeatedly rejecting the downward 9 combination of resistance along the descending trendline and support close to $2.7 highlights an increasingly compressed trading 10 participants often view such formations as precursors to strong volatility, as consolidation phases tend to resolve with a decisive move once price breaks beyond established 11 Projected Move According to Martinez’s assessment, XRP may be approaching the point of resolution.
A breakout from this formation could trigger a move of approximately 25% from current 12 the token trading at $2.8155 at the time of his post, such a projection implies a potential upside target close to $3.52. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 If XRP were to reach this target, it would mark the first significant test of resistance above $3.4 since late July, an area that previously capped upward 13 asset may also turn that level to support, creating a base for another price 14 the market has exhibited weakness in recent weeks, accumulation at lower levels suggests that buyers are still active.
A breakout above the descending trendline would be required to confirm the anticipated 25% 15 : This content is meant to inform and should not be considered financial 16 views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s 17 are advised to conduct thorough research before making any investment 18 action taken by the reader is strictly at their own 19 Tabloid is not responsible for any financial 20 us on X , Facebook , Telegram , and Google News
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