Ripple (XRP) Price Prediction: XRP Consolidates Inside Symmetrical Triangle With Positive Bias

Published by
Ripple (XRP) Price Prediction: XRP Consolidates Inside Symmetrical Triangle With Positive Bias

Ripple’s (XRP) price finds some foothold near $0.70 as the fresh trading week begins. But XRP moves in a very tight range of $0.70 and $0.73 with no significant movement. The current price action suggests investors are looking for a catalyst to set further directional bias.

  • Ripple (XRP) edges higher on Monday with minute gains.
  • A decisive close above $0.80 will continue with upside momentum.
  • Momentum oscillators remain neutral indicating a continuation of sideways momentum.

At the time of writing, XRP/USD is trading at $0.72, up 0.79% for the day. The 24-hour trading held at $2,812,944,926 marking gains of 26% as per the CoinMarketCap.

Advertisement

XRP stick to modest gains on the daily chart

Source: Trading View

Ripple (XRP) has been moving inside the ‘Symmetrical triangle’ since February 3. XRP enters into consolidation in late January and surged 65% to touch the tops of $0.91. But investors fail to maintain the momentum and retreated toward $0.68.

The current price action offers some exciting buying opportunities near the stable support level. A continued buying pressure could push XRP price to retest the highs of $0.79 made on February 26. This also coincides with the descending trend line of the symmetrical triangle.

A decisive close above the mentioned level would further keep its eye on the critical 200-EMA at $0.87. This move would constitute a 20% ascent, and the XRP is more likely to move toward $0.92 to collect the liquidity.

On the flip side, a lower breakout of the price would invalidate the bullish outlook for the asset with the interim support near $0.62.

Technical Indicators:

RSI: The Daily Relative Strength Index (RSI) hovers below the average line while reading at 47.

MACD: The Moving Average Convergence Divergence (MACD) trades below the mid-line with a neutral bias.

 

Advertisement

Share
Rekha chauhan

Rekha has started as Forex market analyst. Analyzing fundamental news and its impact on the market movement. Later on, develop an interest in the fascinating world of cryptocurrency. Tracking the market using technical aspects.

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • Price Analysis

HBAR Price Targets 50% Jump as Hedera Unleashes Massive Staking Move

HBAR price rose by 2.4% today, Oct. 24, mirroring the performance of the crypto market…

October 24, 2025
  • Price Analysis

Chainlink Price Outlook: Analyst Predicts $100 as Reserve Adds 63K LINK

The Chainlink price has maintained steady traction near $17.6, with on-chain accumulation strengthening investor confidence.…

October 24, 2025
  • Price Analysis

SUI Price Prediction as TVL and Monthly DEX Volume Hit All-Time Highs- What’s Next?

The Sui price has recently drawn investor interest after rebounding from a key demand zone,…

October 24, 2025
  • Price Analysis

PUMP Price Prediction as Whales Accumulate 4.2B Tokens- Is 135% Rally Next?

The PUMP price has regained market attention following renewed whale activity and a confirmed breakout…

October 24, 2025
  • Price Analysis

Dogecoin Price Crash Looms as Flag, Death Cross, Falling DOGE ETF Inflows Coincide

Dogecoin price has crashed in the past few weeks as it moved into a bear…

October 23, 2025
  • Price Analysis

Solana Price Prediction as Osprey’s S-1 Filing and Hong Kong’s ETF Launch Fuel Reversal Hopes- Is $250 Next?

The Solana price has regained stability above $180 after several volatile weeks. SOL price continues…

October 23, 2025