XRP 4H Pattern

XRP is currently consolidating within a symmetrical triangle pattern, with price action forming lower highs and higher lows. This indicates a period of compression where volatility is decreasing, and a potential breakout could be approaching.

At the moment, the price is testing the lower boundary of the triangle, showing signs of support. As long as XRP holds above the $2.66 support level (highlighted by the dashed red line), the bullish scenario remains valid.

Pattern: Symmetrical Triangle (continuation/neutral pattern)

Entry Zone: Current support trendline near $2.18–$2.20

Stop Loss: Below $2.66 support zone

Target Zone: $3.40 – $3.60 (upper projection of the triangle)

📌 A confirmed breakout above the descending trendline could trigger strong bullish momentum, while a breakdown below $2.66 would invalidate this setup and open the door for deeper correction.