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XRP is trading at around $3.00 at the time of writing, caught within a symmetrical triangle pattern ranging from $2.85 to $3.10 on the charts. This classic formation suggests an imminent price breakout, with analysts expecting a major move within the next week as the potential for Ripple (XRP) volatility grows higher. Summary XRP is consolidating near $3.00 inside a symmetrical triangle pattern, with resistance at $3.05–$3.10 and support at $2.85. Upside scenario: A breakout above resistance could drive XRP toward $3.40–$3.65, with longer projections reaching $4.50–$5.00 if momentum builds. Downside risk: A drop below $2.85 would shift the outlook bearish, targeting $2.74–$2.66 and potentially lower into the mid-$2 range. Current XRP price scenario XRP is now trading at around $3.00, ranging from $2.90 to $3.06 in the last 24 hours. The symmetrical triangle pattern has been visible on the charts for well over a week, and today’s price action shows Ripple continuing to trade in an ever-tighter range after weeks of sideways action. $3.00 is a crucial price point, right in the middle of the battleground for buyers and sellers. XRP price Symmetrical triangle pattern on the 1D XRP chart | source: TradingView XRP coin is consolidating after the upward price swing seen earlier this month which was triggered by the new SBI partnership with Ripple as well as the increased likelihood of interest rate cuts following the Jackson Hole speech by Fed Chair Jerome Powell. That move carried XRP into the $3 zone but sellers have stepped in to cap the advance. The result is a standoff, with buyers defending support near $2.85 and sellers blocking progress above $3.05. XRP price prediction: Upside Outlook If XRP can clear $3.05 to $3.10 with conviction, the symmetrical triangle would resolve upward. In that scenario, price targets in the $3.40 to…

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Filed under: News - @ August 28, 2025 2:26 am