XRP is approaching one of its most critical breakout zones of the month as traders watch a tightening triangle pattern converge with rising attention on ETF-related developments involving XRP.
With price action compressing near key support and resistance levels, the market is preparing for a decisive move, and analysts are split on whether XRP is gearing up for a 16% jump or bracing for potential downside pressure.
XRP Price Today
XRP is trading near $2.06, posting a modest 0.43% rise in the past 24 hours. Trading volume remains strong at over $4 billion, signaling active participation from both retail traders and algorithmic systems as XRP continues to hover just above the $2 psychological zone.
XRP was trading at around 2.06, up 0.49% in the last 24 hours at press time. Source: XRP price via Brave New Coin
Although broader crypto sentiment has remained mixed, XRP has maintained steady liquidity. Market observers note that price stability around the $2 range highlights growing uncertainty ahead of key technical and regulatory developments. This has kept XRP live price action tightly compressed in a narrow band between $1.95 and $2.10.
Technical Pattern Signals a Potential 16% Move
Market analyst Ali (@ali_charts) recently pointed out that XRP is forming a descending triangle on the 4-hour timeframe, with a strong base of support near $1.95 and gradually lower highs pressing price toward the apex.
XRP trades inside a triangle, poised for a potential 16% move. Source: @ali_charts via X
According to his technical breakdown, a confirmed breakout above the $2.07–$2.10 resistance area could pave the way for an approximately 16% move, placing a potential upside target near $2.40. Ali, who frequently publishes data-driven analysis to a large crypto audience, emphasizes that XRP’s range is tightening, often a precursor to sharp directional movement.
Ali’s commentary comes amid nearly $897 million in combined spot ETF inflows recorded as of early December into products that include XRP exposure. Much of this interest is tied to broader industry discussions surrounding the proposed U.S. Crypto Clarity Act, which aims to define digital assets more clearly for institutional participants. Though the bill remains uncertain, analysts say renewed regulatory attention is adding to XRP’s visibility among whales and ETF-focused investors.
Trump Media’s ETF Proposal Sparks Additional Momentum
XRP also gained attention after analyst Chad Steingraber highlighted the inclusion of XRP in the proposed Truth Social Crypto Blue Chip ETF, submitted by Yorkville America Digital through a Form 19b-4 filing tied to Trump Media & Technology Group.
XRP featured in the proposed Truth Social Crypto Blue Chip ETF, pending SEC and NYSE Arca approval. Source: @ChadSteingraber via X
Even with a small weighting, analysts see XRP’s inclusion as a sign of broader institutional acknowledgment, particularly since XRP also carries a 6.4% allocation in the Hashdex Nasdaq Crypto Index. While the Truth Social ETF is still far from approval, the filing has stirred discussion around whether political backing and index diversification could eventually pave the way for a more formal XRP-focused ETF, should regulatory clarity improve.
Experts caution that such proposals do not guarantee direct price impact. Instead, they shape sentiment, which can influence how traders interpret long-term positioning.
Triangle Pattern Still Carries Downside Risk
Not all analysts are bullish. TradingView analyst DAY11 warns that XRP’s descending triangle is still a potentially bearish formation, noting a clear pattern of lower highs from $2.58 down to $2.07. Strong support remains near $1.82–$1.90, and a breakdown below this zone could expose XRP to deeper declines.
XRP trades at $2.07 within a descending triangle; a breakout above $2.10 could trigger a bullish reversal, while a drop below $1.82–$1.90 may continue the downtrend. Source: DAY11 on TradingView
Day 11 emphasizes that crypto markets often invalidate classical patterns quickly due to high liquidity concentration and sudden sentiment shifts. Therefore, traders should focus on confirmation rather than assumptions.
A breakout above $2.07 would invalidate the bearish structure, while a close below $1.90 would signal continuation to the downside.
Market Outlook
XRP continues to trade within a tight compression zone, with $2.07 acting as immediate resistance and $1.90 as the key support level to watch. A breakout above the upper boundary could invalidate the descending triangle’s bearish bias, while a drop below support would confirm downside continuation.
Despite uncertain ETF and regulatory outcomes, rising volume and improving sentiment keep XRP positioned near a potential inflection point. The next move, whether a breakout or breakdown, will likely be defined by how the price reacts around these two critical levels.