A market that has been compressed inside a narrowing price range rarely stays calm for 0 patterns of indecision finally resolve, the impact often extends beyond technical charts into broader sentiment and 1 , one of the most closely followed digital assets, has now made such a move — and analysts are watching closely to see whether this breakout carries the momentum needed to redefine near-term price action. JackTheRippler’s Breakout Call The breakout was highlighted by prominent analyst JackTheRippler on X, who shared a chart showing XRP breaching the upper boundary of a descending 2 weeks, XRP had been consolidating between a horizontal support zone in the mid-$2.70s and a descending trendline acting as overhead 3 the time of his post, XRP traded just under the $3.00 mark, consistent with live market data that currently places it around $2.98–$2.99. #XRP has just broke out from the triangle! 4 — JackTheRippler © (@RippleXrpie) October 2, 2025 The Technical Picture A descending triangle is a classic technical formation that often signals an impending 5 XRP’s case, repeated tests of the support floor combined with gradually lower highs created mounting 6 break above the upper trendline represents a release of that compression, with technical projections pointing initially toward the low-to-mid $3 7 on TradingView and Cointelegraph communities have recently identified potential upside targets near $3.6 to $3.7 if the breakout is 8 Confirmation Matters For traders, the key lies in confirmation.
A single candle poke above resistance is not 9 market participants want to see is a sustained daily close above the broken trendline , supported by higher-than-average trading volume. XRP’s 24-hour turnover already runs in the billions, but unless volume expands significantly, the breakout risks devolving into a false 10 demand, not a fleeting spike, determines whether a pattern resolves into a true 11 are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Broader Market Context Technical setups never exist in 12 factors such as shifting 13 rate expectations and institutional flows into crypto ETFs have been shaping liquidity across the market.
XRP, given its role in cross-border payments and strong community following, is especially sensitive to such external 14 argue that a confluence of technical and fundamental tailwinds could amplify the breakout, but caution remains necessary since crypto markets have a long history of failed rallies following strong chart 15 and Opportunity For traders, risk management is crucial at this stage. A conservative approach suggests waiting for a confirmed multi-day close above resistance, with protective stops set below the $2.74–$2.80 support 16 traders may already be targeting short-term moves into the $3.20–$3.60 range, with stretch projections higher if momentum builds.
If, however, XRP falls back below its support floor, the bullish thesis weakens and consolidation may 17 conclusion, XRP’s breakout from its descending triangle has captured the market’s attention, with JackTheRippler’s alert sparking renewed debate over the asset’s next 18 the setup looks promising, confirmation will decide whether this marks the beginning of a sustainable rally or just another false 19 should keep their eyes on daily closes, trading volume, and broader market flows — because the triangle has broken, but the true test lies 20 : This content is meant to inform and should not be considered financial 21 views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s 22 are urged to do in-depth research before making any investment 23 action taken by the reader is strictly at their own 24 Tabloid is not responsible for any financial 25 us on Twitter , Facebook , Telegram , and Google News
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