XRP’s price action continues to compress within a narrowing structure that has persisted since January 2025. As the market approaches a key inflection point, a recent update from crypto analyst XRPunkie (@Shawnmark7899) has brought renewed focus to the technical setup.
The analyst has been tracking this price trend and provided a chart showing XRP hovering near the apex of a multi-month symmetrical triangle. The price recently faced resistance along the trendline that has capped upward movement for nearly six months, but XRPunkie expects a breakout soon.
The chart shows the asset trading at $2.1, with price action now positioned just below the resistance boundary. The updated trendline, extending from the January 2025 high, reinforces the same structural formation XRPunkie highlighted earlier in the week.
#XRP is finally coming to the apex of this huge 6 months accumulation triangle. If U haven't gotten enough XRP, now is NOT the time to wait for lower entry prices. We could be days away from a massive breakout. Technical target $13-$15. $XRP https://t.co/fMUiTZiow0 pic.twitter.com/3G3TnDz8Ub
— XRPunkie (@Shawnmark7899) June 13, 2025
In the earlier post from June 9, he identified the asset within a bull flag; however, he adjusted this pattern in his updated analysis, showing that the asset is still contending with overhead resistance.
Compression Building Toward Potential Breakout
The symmetrical triangle, reinforced by the converging yellow trendlines and the visible compression in recent candles, shows that the asset is nearing the end of its consolidation range. Exponential and simple moving averages (EMA 21 and SMA 33) remain tightly wound near current levels, further emphasizing the stalling momentum.
XRPunkie notes that the price is at a critical juncture: “Either we get a strong rejection here & continue to chop sideways more, or we’re gonna break out of it soon.” His updated chart retains a bullish bias, supported by a projected breakout zone highlighted in green, with a measured move potentially targeting the $13 to $15 range.
This range is notable, as other analysts have expressed confidence that XRP can reach $15. The asset is currently trading at $2.15, and its trajectory remains contingent on whether it can decisively flip the descending resistance into a support level.
We are on twitter, follow us to connect with us :- @TimesTabloid1
— TimesTabloid (@TimesTabloid1) July 15, 2023
Market Participants Eye Key Resistance Flip for Validation
Analysts have drawn attention to similar symmetrical triangles, and traders watching this setup will likely view a clean breakout above the long-standing trendline as a major confirmation signal. A successful retest and hold above the trendline would represent a shift in market structure, implying that bullish momentum is regaining control.
The importance of this trendline cannot be understated, as it has consistently capped every bullish attempt since January. The digital asset is now ready for lift-off, and the potential upside around the $13–$15 zone could bring life-changing gains to XRP Investors.
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 advised to conduct thorough 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.
Follow us on X, Facebook, Telegram, and Google News
