## XRP in the Decision Zone: Triangle Pattern Ready to Break
Currently, XRP is trading around $2.05 with a 2.09% decline in the past 24 hours. This figure is particularly significant because Ripple Labs' payment cryptocurrency is at a very sensitive stage — traders need to understand what is happening on the chart.
### When Does This Game Begin?
Since early October, XRP has gone through an interesting process. The price has touched the $3 region but has been continuously suppressed by a clear descending resistance line. Every recovery attempt faces selling pressure from profit-taking traders. At the same time, from late October, an ascending support line has been gradually forming below, constantly protected by buyers. These two forces — one pushing down, one pulling up — create the classic triangle pattern that technical analysts are very familiar with.
### Triangle Pattern: The Pendulum About to Swing
The characteristic of a triangle pattern is that the price is squeezed within a narrowing space between two converging trend lines. Currently, XRP is oscillating near the support level of $1.87, a level tested many times over the past six weeks but never broken. This indicates that buying interest remains quite strong in this zone. However, the space for compression is also running out — the triangle model cannot continue converging forever. The upcoming decision.
### Two Possible Scenarios
**Positive Scenario**: If XRP bounces from the current support and effectively breaks through the descending resistance zone at $2.10-2.20, the situation will change completely. Based on the height of the triangle pattern, the price could move up to the $2.60-2.80 range, creating a stable and sustainable recovery.
**Negative Scenario**: Conversely, if XRP closes below the ascending support line at around $1.75, the triangle pattern will break downward. Selling pressure will increase significantly, and the price could drop to $1.50-1.60, or even lower. After such a pattern completes without a breakout, a quick recovery is unlikely.
( What Does Trading Volume Say?
An interesting observation is that trading volume has been decreasing as the triangle pattern forms. This is not a negative signal but a sign of energy accumulation. When the pattern reaches its maximum completion, a breakout will be very powerful, regardless of the direction. The market is holding water, just waiting for the right moment to release.
) Risk Management Strategy
For buyers, wait for a clear bounce from support. If the daily close is below $1.80, that’s an urgent signal to exit.
For sellers, the downtrend can only be confirmed if the close is below $1.75. Don’t rush; wait for a clear signal.
### Conclusion
The XRP triangle pattern is about to complete — possibly within one or two weeks. This is the time to be patient, closely monitor the trend lines, and prepare for a major move ahead. Regardless of which direction the market takes, the strength of the movement will be remarkable. Always remember: when energy is tightly compressed, it will erupt with great force.
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## XRP in the Decision Zone: Triangle Pattern Ready to Break
Currently, XRP is trading around $2.05 with a 2.09% decline in the past 24 hours. This figure is particularly significant because Ripple Labs' payment cryptocurrency is at a very sensitive stage — traders need to understand what is happening on the chart.
### When Does This Game Begin?
Since early October, XRP has gone through an interesting process. The price has touched the $3 region but has been continuously suppressed by a clear descending resistance line. Every recovery attempt faces selling pressure from profit-taking traders. At the same time, from late October, an ascending support line has been gradually forming below, constantly protected by buyers. These two forces — one pushing down, one pulling up — create the classic triangle pattern that technical analysts are very familiar with.
### Triangle Pattern: The Pendulum About to Swing
The characteristic of a triangle pattern is that the price is squeezed within a narrowing space between two converging trend lines. Currently, XRP is oscillating near the support level of $1.87, a level tested many times over the past six weeks but never broken. This indicates that buying interest remains quite strong in this zone. However, the space for compression is also running out — the triangle model cannot continue converging forever. The upcoming decision.
### Two Possible Scenarios
**Positive Scenario**: If XRP bounces from the current support and effectively breaks through the descending resistance zone at $2.10-2.20, the situation will change completely. Based on the height of the triangle pattern, the price could move up to the $2.60-2.80 range, creating a stable and sustainable recovery.
**Negative Scenario**: Conversely, if XRP closes below the ascending support line at around $1.75, the triangle pattern will break downward. Selling pressure will increase significantly, and the price could drop to $1.50-1.60, or even lower. After such a pattern completes without a breakout, a quick recovery is unlikely.
( What Does Trading Volume Say?
An interesting observation is that trading volume has been decreasing as the triangle pattern forms. This is not a negative signal but a sign of energy accumulation. When the pattern reaches its maximum completion, a breakout will be very powerful, regardless of the direction. The market is holding water, just waiting for the right moment to release.
) Risk Management Strategy
For buyers, wait for a clear bounce from support. If the daily close is below $1.80, that’s an urgent signal to exit.
For sellers, the downtrend can only be confirmed if the close is below $1.75. Don’t rush; wait for a clear signal.
### Conclusion
The XRP triangle pattern is about to complete — possibly within one or two weeks. This is the time to be patient, closely monitor the trend lines, and prepare for a major move ahead. Regardless of which direction the market takes, the strength of the movement will be remarkable. Always remember: when energy is tightly compressed, it will erupt with great force.