Major Ripple Rally Ahead? XRP Eyes Explosive Move After Triangle Breakout

TL;DR XRP approaches triangle resistance at $2.95, with $3.60 as the next technical ￰0￱ open interest hits $7.94B, reflecting high trader positioning ahead of key move. 280-day consolidation may end soon as the price compresses and the volume setup ￰1￱ Price Nears Key Technical Level XRP is trading around $2.95, positioned near the top of a descending triangle that has formed on the 12-hour ￰2￱ setup shows horizontal support at $2.75 and a downward trendline from late July to early ￰3￱ current structure signals a potential breakout as the price presses against ￰4￱ to analyst Ali Martinez, If $XRP breaks out of this descending triangle, the next target is $3.60.

pic. twitter. com/KdRlXLbog0 — Ali (@ali_charts) September 9, 2025 Fibonacci levels between $3.10 and $3.40 show possible checkpoints before the price reaches that ￰5￱ areas could act as temporary resistance if the breakout continues . A brief retest near $3.00 could follow, based on historical chart behavior.

Meanwhile, failure to break above the triangle could send the ассет back toward $2.75. A move below $2.65 would cancel the bullish ￰6￱ Still Lacks Strong Confirmation Technical analyst CRYPTOWZRD reported that XRP’s daily candle closed without a clear direction. “We will have to wait for the next healthy price action to get the next mature chart formation,” he ￰7￱ daily chart shows XRP trading just above the lower-high trendline, but the move lacks volume ￰8￱ would monitor the chart for entries above $3.13, with an earlier possibility near $3.05 if the market shows signs of ￰9￱ analyst also confirmed that his current position is already ￰10￱ time frames showed inconsistent momentum during the day, and further moves depend on clean structure and ￰11￱ it, new positions remain on ￰12￱ Traders Position for Movement Data from Coinglass shows that XRP Futures Open Interest stands at $7.94 ￰13￱ is a sharp increase compared to earlier months, where figures stayed below $2 ￰14￱ rise reflects strong participation from derivatives traders.