XRP News Today: XRP Poised for Breakout as Symmetrical Triangle Pattern Emerges

XRP, a prominent cryptocurrency, is on the brink of a significant breakout, according to widely followed crypto analyst and chartist STEPH IS CRYPTO. In a recent post, the analyst shared a chart pattern indicating that XRP is currently in a symmetrical triangle, a pattern that has historically preceded explosive price movements.

Symmetrical triangles are classic continuation patterns in technical analysis. They form when price action tightens between converging trendlines, typically signaling a period of indecision before a breakout in the direction of the prevailing trend. For XRP, this trend has been bullish since late 2024. STEPH IS CRYPTO highlighted two such patterns on the XRP chart. The first, observed around Q3–Q4 2024, culminated in a massive rally that propelled XRP from below $0.50 to over $2.00 within weeks. The current pattern, forming between March and June 2025, exhibits similar structural and sentiment characteristics.

The analyst's chart is captioned with the phrase “Frustration: 100%, Anger: 100%, Patience: 0%,” reflecting the emotional state of many traders. This level of frustration is often a precursor to a major market move, as prices compress and volatility diminishes. Beyond technical indicators, XRP’s potential breakout is bolstered by improving macro and crypto market conditions. Regulatory clarity is gradually emerging, providing a more stable framework for institutional involvement in the digital asset space. This shift is boosting confidence in cryptocurrencies, with XRP regaining investor attention due to its perceived undervaluation compared to other top-tier cryptocurrencies.

XRP’s recent price resilience and well-defined chart structure make it an attractive candidate for a breakout trade. With other major assets either consolidating or retracing, XRP’s setup is becoming increasingly notable. On the 4-day Binance chart, XRP is visibly coiled within a tightening triangle, signaling low volatility and increasing pressure. The price currently hovers between $1.60 and $2.20. If the breakout mirrors the previous pattern, XRP could target $3 in the short term, with some analysts projecting $5 to $6 under optimal conditions. Historically, XRP has shown a tendency to surge rapidly once it breaks out of compression zones. Volume and momentum are the final pieces needed to trigger such a move. Traders are closely monitoring the pattern as it nears its apex.

As frustration peaks and patience wears thin, XRP may be on the verge of another powerful rally. STEPH IS CRYPTO’s analysis points to a familiar and highly reliable pattern, supported by broader market improvements and growing investor interest. If history repeats, XRP could soon break free from its current range, and the move might be bigger and faster than many expect.