$XRP Triangle Breakout: Structure or Trap?
XRP exited a contracting triangle pattern, signaling potential momentum shift. However, the broader trend remains bearish, making this a critical inflection point.
What matters now: whether buyers can maintain acceptance above the triangle resistance zone and establish it as new support. If price action holds the rising trendline while rejecting downside tests, bullish structure begins to materialize.
A slip back inside the triangle would suggest premature breakout and possible consolidation extension. Watch how the asset behaves at former resistance—this will define the next directional phase.
What's your read on XRP's current positioning?
