- XRP is trading inside a symmetrical triangle, signaling a major breakout soon.
- A bullish breakout above resistance could push XRP toward $1.50 and potentially $1.80.
- Losing triangle support may trigger a decline toward $1.33 or $1.20 levels.
XRP is sitting at one of the most important technical inflection points it has faced in months, and according to analyst ChartNerd, the market is about to be forced into a decision whether it likes it or not.
For the past five weeks, XRP has been locked inside a symmetrical triangle, squeezed between a major descending resistance line and a rising support floor. Multiple points of contact on both trend lines confirm the structure is real and respected by the market.
As of today, XRP is pressing directly against the resistance trend line in what the analyst describes as a live breakout attempt. The apex of this triangle, the point where the two lines converge and force a definitive move, falls around March 25.
The Bullish Path
If XRP breaks above triangle resistance, the first target is $1.50, a level that has acted as a significant ceiling throughout February. Clearing and holding above $1.50 would then open the door to $1.80, a former support level from December 2025 that XRP has not yet back-tested as resistance since losing it in late January.
The analyst said that XRP has been defending $1.33 as a key support throughout February, consistently holding above the midpoint of its broader range. That structural strength is encouraging for bulls.
The Bearish Risk
A failure to break higher tells a different story. If XRP loses ascending triangle support heading into the apex, the first downside target is a retracement to $1.33, followed by the early February candle lows around $1.20.
Wick lows at $1.10 could also be filled in a more aggressive selloff, which the analyst warns would open the door toward the 70-cent target.
However, no breakout has been confirmed in either direction yet. The analyst is waiting for one of two things: a clean break and hold above triangle resistance leading toward $1.50, or a loss of ascending support that confirms the bearish scenario.
Related: XRP Nears Key Bottoming Zone as Analysts Eye $50 Target
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Source: https://coinedition.com/xrp-faces-make-or-break-moment-as-triangle-pattern-tightens/
