Ripple’s cross-border token has been trading within a relatively tight range for about a month, and the price action has narrowed further over the past week.
Popular analyst Ali Martinez believes this period of low volatility may be coming to an end and that the asset is preparing for a significant price move.
Major Move Ahead for XRP?
Martinez’s analysis begins by noting the triangle pattern in which XRP has been consolidating for some time. The price is approaching the triangle’s apex, which typically increases the likelihood of a sizable breakout or breakdown.
He cautioned, however, that triangles can resolve in either direction, so the ultimate direction for XRP remains uncertain. Martinez advised his more than 165,000 followers to monitor key support and resistance levels at $1.41 and $1.43, respectively.
Earlier Monday morning, XRP briefly tested and exceeded the triangle’s upper boundary amid reports that Iran had proposed a new deal to the U.S. to permanently end the war. Those reports were later rejected, and XRP has since returned to the noted support area. Martinez warned that a breach of the $1.41 support could trigger a deeper decline.
Analyst CW also highlighted a recent rejection at about $1.45, calling it a “short-term decline” while noting that there is “no downward momentum” at present.
The Resistance That Needs to Fall
Ted Pillow, another widely followed crypto analyst on X, commented on XRP’s muted price action over recent weeks—even as Bitcoin climbed toward a 12-week high near $80,000. He suggested that the sideways market has prompted both bulls and bears to act aggressively, creating a sizable pool of short-side liquidity just above $1.50 and a comparable liquidity cluster below $1.40.
CRYPTOWZRD emphasized the importance of the $1.445 resistance level. That level was tested earlier but did not break. They explained that for Ripple bulls to push the token higher, reclaiming and holding $1.445 will be important; until that happens, XRP’s outlook remains indecisive.
In summary, XRP’s tightening range and the approaching apex of a triangle pattern suggest an increased probability of a major move. Key levels to watch are support around $1.41 and resistance in the $1.43–$1.45 area. A decisive break in either direction would likely set the tone for the next significant trend.