XRP Price Today: XRP Breaks Above $3.00 as Bulls Extend Symmetrical Triangle Rally
The XRP price today is trading near $3.16, following an explosive continuation from the $2.60 breakout zone earlier this month. The move confirms a bullish resolution from a year-long symmetrical triangle, with the price now pushing into thin liquidity regions last seen in late 2024. With multiple volume and momentum indicators aligning, XRP appears poised to test higher resistance levels, though short-term exhaustion risks remain elevated.
What’s Happening With XRP’s Price?
XRP has broken cleanly out of a long-standing symmetrical triangle visible on the weekly chart, reclaiming the 0.236 Fibonacci level at $2.71 and slicing through overhead consolidation bands. Price is now approaching the previous swing high of $3.40, with little structural resistance in between. Weekly candle body closes above the triangle confirm a macro bullish breakout.
The 1D Chande Momentum Oscillator reads an elevated 91.3, reflecting strong buyer strength. Meanwhile, XRP remains well above the Bull Market Support Band, which now sits between $2.25 and $2.27. This confirms that the broader m…
The post XRP Price Today: XRP Breaks Above $3.00 as Bulls Extend Symmetrical Triangle Rally appeared first on Coin Edition.
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XRP Price Today: XRP Breaks Above $3.00 as Bulls Extend Symmetrical Triangle Rally
The XRP price today is trading near $3.16, following an explosive continuation from the $2.60 breakout zone earlier this month. The move confirms a bullish resolution from a year-long symmetrical triangle, with the price now pushing into thin liquidity regions last seen in late 2024. With multiple volume and momentum indicators aligning, XRP appears poised to test higher resistance levels, though short-term exhaustion risks remain elevated.
What’s Happening With XRP’s Price?
XRP has broken cleanly out of a long-standing symmetrical triangle visible on the weekly chart, reclaiming the 0.236 Fibonacci level at $2.71 and slicing through overhead consolidation bands. Price is now approaching the previous swing high of $3.40, with little structural resistance in between. Weekly candle body closes above the triangle confirm a macro bullish breakout.
The 1D Chande Momentum Oscillator reads an elevated 91.3, reflecting strong buyer strength. Meanwhile, XRP remains well above the Bull Market Support Band, which now sits between $2.25 and $2.27. This confirms that the broader m…
The post XRP Price Today: XRP Breaks Above $3.00 as Bulls Extend Symmetrical Triangle Rally appeared first on Coin Edition.
Read More
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