As we enter 2025 in just a few days, the cryptocurrency market is abuzz with speculation about XRP’s next price move. Despite the recent volatility, several leading analysts point to technical indicators and chart patterns that suggest a possible breakout is imminent.
Crypto analyst Gordon highlights a notable symmetrical triangle formation on XRP’s 12-hour chart. This pattern is often viewed as a harbinger of a strong price move, indicating that an upward or downward breakout is imminent. A successful breakout from this pattern could potentially push XRP to a new all-time high, according to Gordon’s analysis.
After peaking at $2.9097 in November, XRP has declined and consolidated in a range between $2 and $2.9. Analyst Egrag Crypto described this price movement as “noise” and emphasized the importance of a decisive break above or below this…
