XRP is entering a critical phase on its daily chart , where price compression is tightening into a decisive 0 are watching closely as the coin edges toward the apex of a descending triangle pattern — a setup that often precedes powerful breakouts or sharp 1 coming days could determine whether XRP finally surges higher or falls back into deeper 2 Current Setup As of report time, XRP trades at $2.98, sitting just below a descending resistance line and testing a key horizontal barrier near $3.19. This squeeze between resistance overhead and rising support beneath reflects months of contracting volatility, creating the “pressure cooker” moment now attracting widespread market attention. #xrp is trying to make a move 3 leads to expansion right toward the apex of a descending 4 we can see #xrp take out the red upper red line we could behin to target an impulsive move up to at least $4.13, another rejection, and I think it rolls to the… 5 — CoinsKid (@Coins_Kid) October 2, 2025 Renowned analyst CoinsKid has pointed out this compression, emphasizing the well-known principle that “compression leads to expansion.” In other words, the longer XRP coils under resistance, the stronger the eventual breakout or breakdown is likely to 6 Scenario: Toward $4.13 and Beyond If XRP can decisively clear the $3.19 resistance with a strong daily close backed by volume, the technical picture favors an impulsive surge 7 highlights $4.13 as the next major target, marking a realistic milestone for the next wave of upside 8 from descending triangles are historically capable of unleashing outsized moves , particularly when occurring at the end of prolonged 9 Bitcoin and the broader crypto market maintain supportive conditions, XRP could use this breakout as the trigger for a broader bullish 10 are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Bearish Scenario: Rejection and Reset However, the bearish alternative remains in play.
A failed breakout attempt at $3.19 could see XRP roll back toward its rising white support line on the 11 a rejection could form the basis of an expanding leading diagonal pattern, where price action first widens before resuming higher targets 12 this would not necessarily invalidate the long-term bullish outlook, it would mean a temporary setback — forcing XRP to retest lower supports before buyers regain 13 Market Context The broader crypto landscape will play a pivotal role in determining which scenario unfolds. Bitcoin’s direction, liquidity conditions, and developments surrounding Ripple’s ongoing adoption efforts all serve as important 14 traders, risk management is crucial: confirmation of a breakout requires sustained closes above $3.19, while failure could reopen downside levels between $2.70 and $2.40.
In conclusion, CoinsKid’s analysis frames this moment as a huge technical test for 15 the coin breaks out toward $4.13 or suffers another rejection, the outcome of this triangle pattern is likely to define XRP’s path for the remainder of 16 and investors alike should be prepared for volatility — and ready to adapt as the chart makes its next decisive 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 urged to do in-depth 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 Twitter , Facebook , Telegram , and Google News
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