XRP Rally Builds as Bullish Triangle Points the Next Big Target

TL;DR XRP trades within an ascending triangle, holding $2.97 support with an upside target toward $3.12. Analysts highlight Fibonacci levels at $3.00 and $3.25, projecting a long-term breakout near $4.50. Futures open interest hits $8.36B, showing rising derivatives activity alongside XRP’s spot ￰0￱ Triangle Structure on 4-Hour Chart XRP is trading within an ascending triangle on the 4-hour chart, a pattern often linked with continuation to the ￰1￱ is consolidating just under resistance, with the apex of the formation drawing ￰2￱ EGRAG CRYPTO explained, “As long as XRP stays above $2.973, we’re still on track to reach the apex of the ascending triangle and make our ￰3￱ measured target is $3.12122, and it could even extend further.” Their chart also notes resistance around $3.033.

Short-term supports line up with the moving ￰4￱ 21 EMA at $2.957 and 100 EMA at $2.912 are immediate areas to ￰5￱ those levels give way, the next test would likely be near $2.85, which they described as the critical retest zone to preserve the bullish setup. #XRP : 4-Hour Time Frame – Ascending Triangle Trade: As you know, I like to provide a wider view before zooming in on the details! Zooming In: As long as #XRP stays above $2.973, we’re still on track to reach the apex of the ascending triangle and make our move! The… ￰6￱ — EGRAG CRYPTO (@egragcrypto) September 11, 2025 Zooming out, XRP has repeatedly tested the descending channel and shown signs of ￰7￱ highlights “cross & push” moments where the short-term average crosses above the long-term line, often marking a shift in ￰8￱ long as higher lows are maintained and volume holds steady, the path remains pointed toward the $3.12 level and ￰9￱ press time, XRP traded at $3.01 with a 24-hour trading volume of $4.58 ￰10￱ token is up 1% in the last day and 6% over the past ￰11￱ push above $3 was fueled by a sharp rise in trading ￰12￱ Outline Higher Targets Another analyst, CasiTrades, noted the breakout from a long consolidation ￰13￱ wrote, Consolidation Ends, Momentum Builds: XRP Targets $4.50 $XRP is heating up!

It has broken out of its months-long consolidation, and confirmation of the breakout is occurring with the $3 test now in ￰14￱ at the daily timeframe, price has been battling this level… ￰15￱ — CasiTrades (@CasiTrades) September 10, 2025 CasiTrades tracks Fibonacci levels as key ￰16￱ places support at $3.00 and resistance at $3.25. Clearing these zones would open the way for higher ￰17￱ from the larger consolidation project, a breakout target of $4.50, with the previous high of $3.66 seen as the retest ￰18￱ also points to momentum building on the daily ￰19￱ RSI is trending upward, and its moving average continues to act as support. meanwhile, derivatives interest has expanded alongside spot ￰20￱ open interest has reached $8.36 billion, showing that positioning is building as the market leans into the ￰21￱ crypto trading continues to track expectations for US monetary policy, with rate cut bets boosting flows into larger-cap tokens such as XRP.