XRP continues to consolidate, but technical indicators indicate that the asset is approaching a critical point that could trigger a sharp price movement.
Consolidation is occurring within a symmetrical triangle pattern that shows a narrowing XRP between the descending resistance level around $1,45 and the ascending support level around $1,35.
According to analysis Ali Martinez’s analysis, narrowing price action XRP indicates increasing volatility as the token approaches the apex of a symmetrical triangle, which often precedes a decisive breakout.
Based on the height of the triangle, the analyst predicts a potential move of 26% in either direction.
Martinez noted that a daily close above the $1,45 resistance level could push XRP to the $1,82 mark, while a break of the support zone at $1,35 could trigger a decline to $1.
The analyst also highlighted the $1,35 to $1,45 range as a key consolidation zone, where traders risk getting caught in false breakouts.
A similar forecast was presented by anonymous analyst Batman, who считает that XRP is testing a long-standing ascending support line that has held since early February.
He identified the $1,36 area as a crucial zone where a rebound could potentially push token to the $1,45–$1,50 resistance range. However, if support fails to hold, it could trigger a sharper decline to $1,20 or lower, strengthening the bearish signals.
At the current price, technical indicators XRP indicate a cautious short-term outlook. Token is right at its 50-day simple moving average (SMA) of $1,39, suggesting there is a balance between buyers and sellers in the short term.
But XRP remains well below its 200-day SMA of $1,81, indicating that the long-term trend is still under pressure and bullish momentum has not fully recovered.
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