XRP is entering a critical phase on its daily chart, where price compression is tightening into a decisive formation. Traders are watching closely as the coin edges toward the apex of a descending triangle pattern — a setup that often precedes powerful breakouts or sharp reversals.
The coming days could determine whether XRP finally surges higher or falls back into deeper consolidation.
The Current Setup
As of report time, XRP trades at $2.98, sitting just below a descending resistance line and testing a key horizontal barrier near $3.19. This squeeze between resistance overhead and rising support beneath reflects months of contracting volatility, creating the “pressure cooker” moment now attracting widespread market attention.
#xrp is trying to make a move here. Compression leads to expansion right toward the apex of a descending triangle.
If we can see #xrp take out the red upper red line we could behin to target an impulsive move up to at least $4.13, another rejection, and I think it rolls to the… pic.twitter.com/14QclTcf9C
— CoinsKid (@Coins_Kid) October 2, 2025
Renowned analyst CoinsKid has pointed out this compression, emphasizing the well-known principle that “compression leads to expansion.” In other words, the longer XRP coils under resistance, the stronger the eventual breakout or breakdown is likely to be.
Bullish Scenario: Toward $4.13 and Beyond
If XRP can decisively clear the $3.19 resistance with a strong daily close backed by volume, the technical picture favors an impulsive surge higher. CoinsKid highlights $4.13 as the next major target, marking a realistic milestone for the next wave of upside momentum.
Breakouts from descending triangles are historically capable of unleashing outsized moves, particularly when occurring at the end of prolonged consolidations. Should Bitcoin and the broader crypto market maintain supportive conditions, XRP could use this breakout as the trigger for a broader bullish phase.
We are on X, follow us to connect with us :- @TimesTabloid1
— TimesTabloid (@TimesTabloid1) June 15, 2025
Bearish Scenario: Rejection and Reset
However, the bearish alternative remains in play. A failed breakout attempt at $3.19 could see XRP roll back toward its rising white support line on the chart. Such a rejection could form the basis of an expanding leading diagonal pattern, where price action first widens before resuming higher targets later.
While this would not necessarily invalidate the long-term bullish outlook, it would mean a temporary setback — forcing XRP to retest lower supports before buyers regain control.
Wider Market Context
The broader crypto landscape will play a pivotal role in determining which scenario unfolds. Bitcoin’s direction, liquidity conditions, and developments surrounding Ripple’s ongoing adoption efforts all serve as important catalysts. For traders, risk management is crucial: confirmation of a breakout requires sustained closes above $3.19, while failure could reopen downside levels between $2.70 and $2.40.
In conclusion, CoinsKid’s analysis frames this moment as a huge technical test for XRP. Whether the coin breaks out toward $4.13 or suffers another rejection, the outcome of this triangle pattern is likely to define XRP’s path for the remainder of 2025. Traders and investors alike should be prepared for volatility — and ready to adapt as the chart makes its next decisive move.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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