XRP2020 (@2020XRP), a prominent crypto analyst, has posted a strong message to followers, stating that XRP is about to explode. He shared a chart showing XRP on the daily timeframe, where price action has been coiling within a defined structure.
With XRP trading at $2.99 at the time of the chart, the setup points to a critical juncture that could determine the next major move.
$XRP IS ABOUT TO EXPLODE 🚀 pic.twitter.com/B4aIEXbuqX
— 🇺🇸XRP2020🇺🇸 (@2020XRP) September 10, 2025
The Descending Triangle Setup
The chart shared by XRP2020 highlights a descending triangle pattern, where XRP has formed lower highs since mid-August while holding steady support near $2.75. Each bounce off this support has reinforced its importance as a floor, while the downtrend line has consistently pressed price action lower.
This formation represents a period of consolidation in which supply and demand are tightening. In recent sessions, XRP moved upward toward this descending resistance, creating conditions that suggest a potential breakout if buyers maintain pressure.
When price presses repeatedly against descending resistance while refusing to lose a major floor, the structure signals that momentum may soon favor whichever side gains control. In this case, the analyst suggests an imminent bullish breakout.
Support and Resistance Levels
The $2.75 level stands out as a clear support line. XRP has tested this price repeatedly and held, reinforcing it as the boundary that keeps the structure intact. If sellers drive the price below that point, the bullish case would weaken, and a shift in sentiment could follow.
On the upside, breaking above the descending resistance line would likely reestablish $3.2 as the first major area to watch. That price marked a zone of prior consolidation after the asset retreated from its all-time high in July, and reclaiming it would indicate buyers have regained momentum. Beyond that, the July peak remains a longer-term target if conditions align.
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What Can Traders Expect?
XRP’s current positioning suggests that the market is preparing for decisive action. Consolidation within a narrowing triangle creates pressure that eventually resolves in one direction. With XRP approaching the resistance boundary, a confirmed breakout could trigger a renewed rally, while failure at this point could send the asset back toward $2.75.
Traders often track these chart structures because they provide a framework for decision-making. XRP2020’s post shows confidence that momentum is aligning to favor the bulls. The outcome, however, hinges on whether XRP can sustain moves above the downtrend line while defending its established support.
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.
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