XRP Shows Potential 2017-Like Symmetrical Triangle Pattern with Rising Volume and Support Above $2.70
The post XRP Shows Potential 2017-Like Symmetrical Triangle Pattern with Rising Volume and Support Above $2.70 appeared on BitcoinEthereumNews.com.
XRP is mirroring its 2017 six-point symmetrical triangle pattern in 2025, signaling potential bullish momentum with strong support above $2.70 and rising trading volume. The surge in trading volume by over 118% reinforces investor confidence, suggesting a significant breakout could be imminent. COINOTAG highlights that XRP’s price action and market behavior closely replicate the historical pattern that preceded a major rally in early 2018. XRP’s 2025 symmetrical triangle pattern, combined with rising volume and solid support above $2.70, points to a potential breakout echoing its 2017 rally. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); Symmetrical Triangle Pattern Signals Renewed Bullish Momentum for XRP Technical analysts have identified that XRP has formed a six-point symmetrical triangle in 2025, closely resembling the pattern observed in 2017 prior to a significant price surge. This formation, characterized by converging trendlines of lower highs and higher lows, typically indicates a period of consolidation before a decisive breakout. XRP’s recent price action shows the asset trading near the upper resistance of this triangle, currently around $2.82, suggesting that compression in price volatility is reaching a critical point. Historical precedent from 2017 demonstrates that such a pattern, especially following a strong uptrend, often leads to accelerated bullish momentum. Investors and traders should monitor this development closely as it may signal an opportunity for substantial gains. Volume Surge Reinforces Breakout Potential and Market Confidence Market data…
Filed under: News - @ July 12, 2025 11:29 pm