XRP2020 (@2020XRP), a prominent crypto analyst, has posted a strong message to followers, stating that XRP is about to 0 shared a chart showing XRP on the daily timeframe, where price action has been coiling within a defined 1 XRP trading at $2.99 at the time of the chart, the setup points to a critical juncture that could determine the next major move. $XRP IS ABOUT TO EXPLODE 2 — XRP2020 (@2020XRP) September 10, 2025 The Descending Triangle Setup The chart shared by XRP2020 highlights a descending triangle pattern , where XRP has formed lower highs since mid-August while holding steady support near $2.75. Each bounce off this support has reinforced its importance as a floor, while the downtrend line has consistently pressed price action 3 formation represents a period of consolidation in which supply and demand are 4 recent sessions, XRP moved upward toward this descending resistance , creating conditions that suggest a potential breakout if buyers maintain 5 price presses repeatedly against descending resistance while refusing to lose a major floor, the structure signals that momentum may soon favor whichever side gains 6 this case, the analyst suggests an imminent bullish 7 and Resistance Levels The $2.75 level stands out as a clear support 8 has tested this price repeatedly and held, reinforcing it as the boundary that keeps the structure 9 sellers drive the price below that point, the bullish case would weaken, and a shift in sentiment could 10 the upside, breaking above the descending resistance line would likely reestablish $3.2 as the first major area to 11 price marked a zone of prior consolidation after the asset retreated from its all-time high in July , and reclaiming it would indicate buyers have regained 12 that, the July peak remains a longer-term target if conditions 13 are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 What Can Traders Expect?
XRP’s current positioning suggests that the market is preparing for decisive 14 within a narrowing triangle creates pressure that eventually resolves in one 15 XRP approaching the resistance boundary, a confirmed breakout could trigger a renewed rally, while failure at this point could send the asset back toward $2.75. Traders often track these chart structures because they provide a framework for decision-making. XRP2020’s post shows confidence that momentum is aligning to favor the 16 outcome, however, hinges on whether XRP can sustain moves above the downtrend line while defending its established 17 : This content is meant to inform and should not be considered financial 18 views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s 19 are advised to conduct thorough research before making any investment 20 action taken by the reader is strictly at their own 21 Tabloid is not responsible for any financial 22 us on X , Facebook , Telegram , and Google News
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