- XRP is consolidating within a symmetrical triangle that’s been forming since January, with price hovering just under resistance.
- Analyst XRPunkie sees a possible breakout soon, eyeing a target range of $13–$15 if resistance flips into support.
- A clean breakout above the trendline could mark a structural shift, turning long-term pressure into bullish momentum.
XRP’s price has been in a tight squeeze for months now, and things might finally be reaching a boiling point. According to crypto analyst XRPunkie (@Shawnmark7899), the coin is pressing right up against a resistance line that’s held strong since January 2025. His latest chart puts XRP at around $2.10, snug beneath that upper trendline of a multi-month symmetrical triangle. It’s a setup that’s starting to look like it either explodes — or fizzles sideways a bit longer.
Back on June 9, XRPunkie had pointed out a possible bull flag, but he’s since revised that view. The updated analysis shows the asset still wrestling with overhead pressure, not quite breaking out — not yet, at least. But that triangle’s getting tighter by the day, and compression like this rarely ends quietly.
Compression Builds, Momentum Stalls
The triangle itself is obvious: yellow trendlines getting closer, candles shrinking, volatility drying up. It’s like coiling a spring. The 21-period EMA and the 33-period SMA are practically sitting on top of each other now, showing that traders are waiting for a cue. XRPunkie says it best: “Either we get a strong rejection here & continue to chop sideways more, or we’re gonna break out of it soon.”
He’s leaning bullish though. His chart includes a green breakout box pointing to a potential target between $13 and $15 — a number echoed by several other analysts. But again, that all hinges on XRP managing to flip this stubborn resistance line. So far? Still knocking on the door.
A Flip Above Resistance Could Change Everything
This trendline isn’t just any old technical barrier. It’s been the kill switch on every bullish surge since January. Analysts are watching it closely, and a breakout with volume, followed by a successful retest, would be a massive green flag. That kind of price action would basically signal a shift — one where buyers finally have the upper hand again.
Right now, XRP’s sitting around $2.15, just barely below that ceiling. But with this much compression and trader attention, it’s not hard to imagine the kind of rocket fuel a proper breakout might spark. If bulls can flip resistance into support, the path to $13–$15 might not be as crazy as it sounds.
