XRP has been a top contender in crypto price forecasts, with analysts eyeing a $3+ breakout in 2025. However, one technical pattern forming on XRP’s chart could derail these bullish expectations — unless strong fundamental catalysts intervene.
XRP Forms a Descending Triangle: A Historically Bearish Setup
XRP is currently forming a descending triangle, a chart pattern that is typically bearish in nature. This structure features lower highs and a flat support zone, often indicating that sellers are gaining control.
XRP is trading around $2.18, with the key support zone sitting between $1.80 and $2.00. If this level fails to hold, a drop to $1.00 — which coincides with XRP’s realized price (average holder acquisition cost) — could occur.
Why $3+ XRP Predictions Could Be Premature
While several traders — including Mikybull Crypto and Gordon — argue that XRP is “coiling up for a bigger move,” interpreting the pattern as either a bullish falling wedge or continuation triangle, data suggests otherwise.
According to renowned chart analyst Thomas Bulkowski, descending triangles break downwards over 50% of the time — and that figure may climb as high as 70% in volatile crypto markets. This makes the current price structure risky for bullish predictions.
What Could Still Push XRP Higher in 2025?
Despite bearish technicals, fundamental factors remain strong:
- Resolution of the SEC vs. Ripple lawsuit could clear regulatory uncertainty.
- Rising institutional interest in XRP adds long-term investor confidence.
- Potential approval of an XRP ETF may unlock billions in demand.
- Whale accumulation and network usage trends could provide support.
These catalysts may invalidate bearish setups and help XRP break out of the triangle toward its predicted $3.35+ target.
XRP’s Upside Hinges on Key Support
XRP remains at a critical turning point. If bulls can defend the $1.80–$2.00 support, and positive catalysts emerge, a breakout to new highs above $3 in 2025 remains viable. However, if support fails, XRP could retrace to $1.00 before any recovery.
Investors should closely monitor both technical patterns and legal/regulatory updates, as these will likely determine XRP’s true trajectory in the months ahead.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.