Analyst Tells XRP Holders What They Should Expect In Next 7 to 8 Days

The cryptocurrency market has recently shown limited movement, with XRP trading in a narrow ￰0￱ broader conditions remain subdued, technical signals suggest that the current phase may not last much ￰1￱ (@Mr_Xoom), a crypto analyst active on X, drew attention to XRP’s technical setup by sharing a chart that places the token within a descending ￰2￱ stated that the market will soon stop its sideways movement and emphasized that the structure is nearing its ￰3￱ & the whole market will NOT keep moving sideways. XRP's triangle seems to be closing into itself in the next 7-8 days (no I'm not saying moon in 7 days, I'm showing what the chart shows us) Usually, we see a break to either side before it closes into ￰4￱ — xoom (@Mr_Xoom) September 6, 2025 XRP’s Descending Triangle According to him, “XRP’s triangle seems to be closing into itself in the next 7-8 days.” He clarified that this projection is not a price prediction but rather an illustration of what the chart ￰5￱ chart he shared marks clear support levels around the $2.7 range, with lower levels drawn beneath as potential downside ￰6￱ tested this support in early September after a notable decline caused it to fall below the $3 support level.

A descending trendline formed in early August, shortly after the digital asset hit its all-time high in July , and it has capped XRP’s highs since then, pressing the price closer toward the apex of the ￰7￱ technical formation typically precedes movement in one direction, often before the structure fully ￰8￱ Price Performance and Technical Analysis XRP’s recent price action has been defined by underperformance in late August and early ￰9￱ have repeatedly tested the lower boundary of the triangle, bringing the price close to the highlighted support ￰10￱ token now trades around $2.8, holding just above the lower red support line marked on the ￰11￱ descending trendline illustrates a sequence of lower highs, reflecting persistent selling pressure over the past month.

Simultaneously, the support region beneath $2.8 has held on several occasions, preventing a decisive ￰12￱ combination has narrowed the trading range, leaving XRP consolidating in increasingly tight ￰13￱ are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 The Next Resistance Level The blue horizontal level just above $3 represents the resistance that XRP would need to overcome to regain its ￰14￱ such a breakout or breakdown occurs, the triangle remains the dominant formation governing price ￰15￱ Xoom noted, it is common to see a move before the triangle closes ￰16￱ technical compression suggests that market participants are waiting for confirmation in either direction.

A sustained breakout above the descending trendline could shift momentum toward the upside, while a move below the defined support would indicate renewed ￰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