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Analyst: I Expect Some Positive Price Actions Once This Happens

XRP is trading at a level where market structure and broader crypto momentum converge. While price action has remained compressed in recent sessions, technical pressure continues to build. As several major cryptocurrencies confirm breakouts from consolidation, traders increasingly view XRP as one of the next candidates for directional movement.

This outlook follows a recent technical assessment shared by BLOCK BULL, a market analyst who focuses on chart structure and pattern behavior. His analysis points to a developing setup that could invalidate a widely watched bearish formation and trigger renewed upside momentum.

Descending Triangle Nears Invalidation

On the XRP/USD daily chart, price has formed a descending triangle, a pattern that typically signals bearish continuation. Sellers have applied consistent pressure from lower highs, while buyers have defended horizontal support. As price moves closer to the apex, volatility tightens, and resolution becomes more likely.

XRP now trades just below the triangle’s upper trendline, placing it within striking distance of invalidating the pattern. This positioning suggests that the market may soon reject the bearish setup altogether.

Why a Break Above Resistance Matters

A descending triangle loses its bearish implications when the price breaks and holds above the upper trendline. For XRP, this invalidation zone sits near the $2.05 level. A decisive move above this area on a daily closing basis would force traders to abandon downside expectations.

Block Bull noted that failed bearish patterns often produce swift reactions. Short sellers typically exit, while momentum traders enter on confirmation. This shift in positioning can amplify price movement once resistance breaks.

Market Conditions Support the Bullish Case

XRP’s technical setup aligns with broader market strength. Several large-cap cryptocurrencies have already confirmed bullish breakouts, improving overall sentiment. When leading assets move higher, capital often rotates into lagging majors positioned near technical inflection points.

Liquidity conditions also remain favorable. XRP continues to attract steady trading volume, increasing the likelihood that any confirmed breakout sustains momentum rather than fading quickly.

What Confirmation Looks Like for XRP

For bullish continuation to develop, XRP must close decisively above the triangle’s resistance and maintain acceptance above that level. Follow-through buying and expanding volume would validate the move and reduce the risk of a false breakout.

If price fails to confirm, XRP may continue consolidating. However, repeated pressure against resistance typically weakens that barrier over time.

Why Traders Are Watching Closely

Pattern invalidations often matter more than pattern completions. When a well-known bearish setup fails, it can rapidly shift sentiment and positioning. Block Bull’s expectation of positive price action reflects this structural dynamic rather than speculative enthusiasm.

As XRP presses against key resistance amid improving market conditions, the setup suggests that a meaningful move may be approaching.

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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Zaccheaus Ogunjobi
Zaccheaus Ogunjobi
I am a passionate and experienced writer with a strong focus on cryptocurrency and the financial landscape. With a keen eye for market trends and emerging financial technologies, I strive to deliver insightful, well-researched content that educates and informs. Whether breaking down complex financial concepts or analyzing the latest market movements, my goal is to make finance accessible and engaging for a wide audience.
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