XRP Falling Wedge Breaks Out in Full Force. Analyst Sets Technical Price Target

Prominent market watcher Steph Is Crypto ignited fresh excitement on X with a bold declaration: “XRP falling wedge breakout in full ￰0￱ Target: $3.60.” His accompanying chart displayed a textbook falling-wedge formation that had just resolved to the ￰1￱ hours, other analysts echoed the call, noting that XRP’s chart now reflects a decisive shift in momentum. A falling wedge occurs when prices compress between downward-sloping trendlines, signaling a potential bullish ￰2￱ XRP’s case, the pattern has been forming for ￰3￱ to Steph Is Crypto, the breakout gained credibility when XRP closed several consecutive daily candles above the upper trendline—a key confirmation many traders require before ￰4￱ analysts agree that the first measured move from such a breakout point is toward the $3.60 level. #XRP FALLING WEDGE BREAKOUT IN FULL ￰5￱ TARGET: $3.60 ￰6￱ — STEPH IS CRYPTO (@Steph_iscrypto) September 18, 2025 Price Action and Market Response As of report time, XRP is trading slightly above the $3 mark after rallying from sub-$3 territory earlier this ￰7￱ data across major exchanges shows a steady price increase, with buying pressure and trading volume rising since the breakout signal ￰8￱ participants are watching for continued daily closes above the former resistance line, a sign that the new uptrend is gaining ￰9￱ $3.60 Matters The $3.60 target is not ￰10￱ reflects the vertical height of the wedge added to the breakout point, a classic method of estimating a first ￰11￱ traders also point to historical resistance near this level, which makes it a logical zone for profit-taking or potential ￰12￱ momentum persist and volume remain strong, analysts suggest that secondary targets above $3.60 could emerge if the breakout structure ￰13￱ are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Macro Backdrop and Caution This technical upswing aligns with a wider risk-on sentiment prevailing in the crypto market, bolstered by recent macroeconomic trends, including the ￰14￱ Reserve’s decision to cut interest rates earlier this ￰15￱ such factors can accelerate bullish moves, they also introduce ￰16￱ are therefore urged to manage risk carefully, keeping stop-loss orders below the wedge’s lower boundary and monitoring volume for sustained ￰17￱ Line Steph Is Crypto’s timely analysis has sharpened focus on XRP’s chart at a critical ￰18￱ a well-defined falling-wedge breakout and a clear first target of $3.60, the setup offers an attractive technical ￰19￱ the trade remains contingent on follow-through: daily closes above the breakout line and strong volume are essential to validate the ￰20￱ those signals, the pattern could quickly fail, reminding traders that even the strongest technical formations demand disciplined risk ￰21￱ : This content is meant to inform and should not be considered financial ￰22￱ views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s ￰23￱ are urged to do in-depth research before making any investment ￰24￱ action taken by the reader is strictly at their own ￰25￱ Tabloid is not responsible for any financial ￰26￱ us on Twitter , Facebook , Telegram , and Google News