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 force. Technical Target: $3.

60. ” His accompanying chart displayed a textbook falling-wedge formation that had just resolved to the upside.

Within 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 reversal.

In XRP’s case, the pattern has been forming for months. According 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 acting.

Technical analysts agree that the first measured move from such a breakout point is toward the $3. 60 level.

#XRP FALLING WEDGE BREAKOUT IN FULL FORCE. TECHNICAL TARGET: $3.

60 pic. twitter.

com/OMqMDEaBDV — 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 week. Intraday data across major exchanges shows a steady price increase, with buying pressure and trading volume rising since the breakout signal appeared.

Market participants are watching for continued daily closes above the former resistance line, a sign that the new uptrend is gaining traction. Why $3.

60 Matters The $3. 60 target is not arbitrary.

It reflects the vertical height of the wedge added to the breakout point, a classic method of estimating a first objective. Technical traders also point to historical resistance near this level, which makes it a logical zone for profit-taking or potential consolidation.

Should momentum persist and volume remain strong, analysts suggest that secondary targets above $3. 60 could emerge if the breakout structure holds .

We 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 U. S.

Federal Reserve’s decision to cut interest rates earlier this week. While such factors can accelerate bullish moves, they also introduce volatility.

Traders are therefore urged to manage risk carefully, keeping stop-loss orders below the wedge’s lower boundary and monitoring volume for sustained confirmation. Bottom Line Steph Is Crypto’s timely analysis has sharpened focus on XRP’s chart at a critical juncture.

With a well-defined falling-wedge breakout and a clear first target of $3. 60, the setup offers an attractive technical roadmap.

Yet the trade remains contingent on follow-through: daily closes above the breakout line and strong volume are essential to validate the move. Without those signals, the pattern could quickly fail, reminding traders that even the strongest technical formations demand disciplined risk management.

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Analyst Sets Technical Price Target appeared first on Times Tabloid .