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.
Source:
X
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.
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.
Source:
X
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.
(adsbygoogle = window.adsbygoogle || []).push({});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.
