XRP Nears Critical Breakout as Symmetrical Triangle Tightens

XRP is currently at a pivotal moment, with its price action forming a symmetrical triangle pattern on the daily chart since early June 2025. Trading around $2.17, the cryptocurrency remains just above the crucial 200-day moving average support at $2.09, maintaining bullish sentiment among investors. The declining trading volume suggests an impending volatility squeeze, often a precursor to significant price movements. This technical setup indicates that XRP could be poised for a major breakout in either direction, with the symmetrical triangle pattern typically preceding sharp price movements. Market participants are closely watching these developments as they could determine XRP's medium-term trajectory in the cryptocurrency markets.

XRP Price Poised for a Major Breakout as Symmetrical Triangle Narrows

XRP is approaching a critical juncture, tightening within a symmetrical triangle pattern on the daily chart since early June. Trading NEAR $2.17, the asset holds just above the 200-day moving average at $2.09—a key support level sustaining bullish sentiment. Declining trading volume signals a classic volatility squeeze, often a precursor to significant price movements.

Symmetrical triangles typically precede sharp directional breaks, acting as either continuation or reversal patterns. With the triangle's apex just five days away, traders should prepare for heightened volatility. The Relative Strength Index at 45 indicates neutral momentum, though weakening buy pressure suggests bulls must defend support swiftly.

A breakdown below the rising trendline and 200-day MA could see XRP test $1.95, with potential downside to $1.80. Conversely, a breakout above descending resistance at $2.24 WOULD invalidate bearish scenarios, targeting the $2.40-$2.50 range last seen before the current consolidation phase.

The tightening price coil implies an imminent explosive move. Market participants are monitoring key thresholds, with strategic alerts set near breakout levels to capitalize on the impending volatility.

This Week in Crypto – The GENIUS Act, Iranian Exchange Hack and More

The U.S. Senate passed the GENIUS Act, a landmark stablecoin regulation framework, with overwhelming bipartisan support. The bill now awaits President Trump's signature, which is expected given his stance on using stablecoins to bolster dollar dominance. Major banks are already eyeing stablecoin launches, signaling accelerated institutional adoption.

Geopolitical tensions spilled into the crypto sphere as Israeli-linked hackers breached Iran's Nobitex exchange, destroying $90 million in tokens. The attack—claimed by hacktivist group Gonjeshke Darande—transcended theft, serving as a blockchain-based political statement amid the Iran-Israel conflict.

Canada made history as the second nation to approve an XRP ETF, while the SEC v Ripple case faces further delays. These developments underscore crypto's tightening integration with traditional finance and its growing role in global power dynamics.

XRP Faces Decisive Summer in 2025 as Analyst Predicts Market Split

XRP's trajectory in June-July 2025 will bifurcate long-term believers from short-term speculators, according to analyst Amonyx. The period coincides with the July 14 ISO implementation—a potential catalyst for volatility.

Price projections show wild divergence, with breakout models targeting $20+ while conservative estimates hover between $2.85-$4.50. Technical analyst EGRAG CRYPTO corroborates the timing thesis, noting accumulated energy for a major MOVE after years of accumulation.

Market risks remain elevated as the countdown begins. "We've waited for years. Now it's close. Real close. Don't blink," Amonyx warned in a social media post that ignited trading discussions across multiple platforms.

XRP Profit-Taking From 300% Green Whales Pauses Temporarily

On-chain analytics firm Glassnode reports a lull in profit-taking by XRP whales holding gains exceeding 300%. Earlier this month, these high-profit investors engaged in significant selling activity, as tracked by the Realized Profit metric.

The Realized Profit indicator measures net profits by comparing current selling prices to each token's last moved price. While overall market Realized Loss remains irrelevant to this analysis, the focus narrows to XRP holders with exceptional unrealized gains.

Only long-term holders could potentially maintain such substantial profits in the current market environment. The pause in their selling activity suggests either accumulation or a strategic wait for higher price levels before further profit realization.

XRP Price Analysis: Regulatory Wins Fuel Rally Amid Technical Caution

XRP maintains a bullish stance above $2, trading at $2.13 with a 300% surge since November 2024. Yet, technical indicators flash warning signs—a bearish engulfing pattern near the $2.15 resistance and weakening MACD momentum suggest potential consolidation. Profit-taking by early investors totals $68.8 million daily, adding downward pressure.

Institutional Optimism counters short-term weakness. Canada's 3iQ and Purpose Investments have launched XRP ETFs, with the latter set to debut June 18 on the Toronto Stock Exchange. The SEC's comment period for U.S.-based XRP ETF proposals signals growing regulatory acceptance, potentially cementing XRP's role in mainstream finance.

XRP Price Prediction 2025: $3.50 Surge Looms Amid Regulatory Breakthroughs

XRP's trajectory toward $3.50 by 2025 gains credibility as regulatory hurdles dissipate. The cryptocurrency, now trading near $2.16, finds momentum in two critical developments: a potential $50 million SEC settlement and growing speculation about ETF approvals. Market technicians note a long-term triangle pattern targeting $3.32, with institutional interest poised to accelerate upon resolution of Ripple's legal saga.

The SEC's anticipated reduction of Ripple's penalty to $50 million marks a pivotal inflection point. Regulatory clarity could unlock institutional participation, mirroring the capital inflows seen following Bitcoin and ethereum ETF launches. Analysts observe that XRP's technical structure and fundamental catalysts align—a rare convergence that often precedes significant price appreciation.