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TimesTabloid 2025-06-18 11:05:51

Analyst: We Are At the Apex of This Massive Triangle. The Breakout Will be Epic

XRP is nearing a critical moment, and as market analyst XRPunkie notes, the charts indicate that a significant move is on the horizon. In a recent post on X, XRPunkie stated, “We are at the apex of this massive triangle. Something’s gotta give soon. The breakout will be epic.” With XRP currently trading at $2.15, the market is closely watching as the price action tightens to a critical point. Technical Pattern Formed Since November 2024 The symmetrical triangle that XRPunkie mentioned has been developing since November 2024, when XRP surged above $1.10 during a strong rally. Since then, price has moved within a tightening range, forming a textbook triangle structure on the weekly chart. This kind of pattern reflects market indecision and typically resolves with a sharp move in either direction, usually in the direction of the prevailing trend. #XRP on the weekly chart. We are at the apex of this massive triangle. Something gotta give soon. The breakout will be epic. If you are still doubting a double digit $XRP , something is seriously wrong with you. pic.twitter.com/a13JYpzJl4 — XRPunkie (@Shawnmark7899) June 18, 2025 Now, with the asset at the apex of the triangle, the market has run out of room for sideways movement. A breakout—upward or downward—is inevitable, and given the surrounding fundamentals and sentiment, many traders believe the move will be explosive . Sentiment and Fundamentals Align XRPunkie’s bold call is supported by more than just technicals. Network activity has surged, with Santiment reporting a continued rise in daily active addresses and a record number of wallets now holding over one million XRP. Whale accumulation and transaction volumes have both increased in recent weeks, often a precursor to volatility. At the same time, Ripple’s growing ecosystem is strengthening XRP’s utility. Since the December 2024 launch of RLUSD—Ripple’s U.S. dollar-backed stablecoin—integration into the XRP Ledger has accelerated. This expands XRP’s relevance in cross-border settlements and deepens its role in decentralized finance. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 XRPunkie didn’t hold back in his conviction, writing, “If you are still doubting a double-digit $XRP, something is seriously wrong with you.” While ambitious, such projections are gaining traction as momentum builds around the asset’s fundamentals and legal clarity improves. Legal Clarity Nears Completion One of the most significant constraints on XRP’s price in recent years has been its legal battle with the SEC. But that cloud is rapidly lifting. Both Ripple and the SEC have signed a final settlement agreement, filed a revised joint motion before Judge Torres , and now await an indicative ruling that would pave the way for full resolution. Legal expert Bill Morgan noted that there is now “no disagreement between the parties,” with only procedural steps remaining. Once the injunction is lifted and Ripple pays the agreed $50 million fine, both parties are expected to file for dismissal of the appeal and cross-appeal. The conclusion of this case would mark a turning point in XRP’s regulatory journey, and could unleash a wave of institutional interest. The Breakout Moment With XRP consolidating at $2.15 and sitting at the very tip of a months-long triangle pattern, the stage is set for a major breakout. If the structure resolves to the upside, analysts expect the $3.30 and $5.30 levels to fall quickly, setting the foundation for even higher targets. For now, the charts are clear, the fundamentals are strong, and the legal fog is fading. As XRPunkie said, the breakout won’t just be significant, it will be epic. 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 urged to do in-depth 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. Follow us on Twitter , Facebook , Telegram , and Google News The post Analyst: We Are At the Apex of This Massive Triangle. The Breakout Will be Epic appeared first on Times Tabloid .

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