XRP Bulls Stack Silently as Triangle Pattern Tightens – Explosive Move Imminent?

Quiet accumulation meets technical tension—XRP's tightening triangle pattern hints at a looming breakout.

Whales are circling while retail sleeps

The chart doesn't lie: XRP's symmetrical triangle has reached its apex, compressing volatility to a spring-loaded coil. On-chain data shows smart money accumulating at these levels, though trading volumes remain suspiciously muted. Classic bull trap or stealth rally precursor?

Technical breakdown (for the non-believers)

That textbook triangle formation? It's either a launchpad or trapdoor. Watch the $0.55 support like a hawk—lose that, and we're revisiting June lows. Hold? Next stop tests the 200-day MA at $0.68. Meanwhile, perpetual funding rates stay neutral—no euphoria here yet.

The cynical take

Of course the 'quiet accumulation' narrative emerges right before another 'sell the news' Ripple court date. How convenient. But hey—at least the pattern's prettier than your average shitcoin chart.

TLDR

• XRP is trading at $2.19 within a symmetrical triangle pattern that has formed since late 2024
• Strong taker buy volume indicates traders are accumulating despite stagnant price movement
• Network activity has declined with transaction count dropping to 383K, one of the lowest since March
• NVT ratio spiked to 4510, suggesting the price may be overvalued compared to actual usage
• Technical analysis shows potential for breakout above $2.35-$2.61 resistance zone

XRP is currently trading at $2.19 and appears to be approaching a critical decision point. The cryptocurrency has been forming a large symmetrical triangle pattern since its explosive surge in late 2024.

The triangle pattern shows higher lows and lower highs, creating a narrowing range that typically precedes a major price movement. XRP is holding above key support at $2.08, while major resistance levels remain at $2.35 and $2.61.

Technical indicators suggest bulls may be quietly positioning for a potential breakout. The 90-day Spot Taker CVD shows consistent taker buy dominance, indicating that market buyers have been stepping in aggressively despite the sideways price action.

This buying activity suggests participants are anticipating a breakout and accumulating positions ahead of a potential strong move. The persistence of taker buy volume may provide support for short-term price stability.

Recent price action shows XRP formed a base above $2.08 and started a fresh increase. The price climbed above $2.12 and $2.15 resistance levels, reaching a high of $2.22 before pulling back.

XRP broke above a bearish trend line with resistance at $2.19 on the hourly chart. The cryptocurrency is now trading above the 100-hourly Simple Moving Average, showing underlying strength.

Network Metrics Paint Different Picture

Despite bullish price action, XRP’s on-chain metrics tell a different story. Transaction count dropped steeply to 383K, marking one of the lowest daily values since March.

Network growth also declined to just 892, reflecting reduced adoption and declining interest from new users. This drop in organic activity creates a concerning disconnect between bullish sentiment and actual blockchain usage.

The decline in network activity raises questions about the sustainability of any price rally driven purely by speculation rather than user demand. If this trend continues, it could undermine upward price movements.

Valuation Concerns Emerge

The NVT Ratio, which compares market cap to daily transaction volume, surged to an extreme level of 4510. This sharp spike suggests XRP’s valuation has outpaced actual on-chain utility.

When the NVT ratio climbs this high, it typically indicates investor speculation has inflated the price beyond its practical usage. This creates a potentially risky imbalance between price and fundamental value.

The Stock-to-Flow ratio has also risen sharply, indicating greater scarcity as new supply enters the market at a slower rate. While scarcity typically supports long-term price appreciation, this hasn’t been matched by growing demand or utility in XRP’s case.

The imbalance may only be sustainable if network activity rebounds or institutional demand materializes. Until then, scarcity alone may not be sufficient to drive prices higher.

Technical analysis shows potential resistance NEAR $2.22, with major resistance at $2.25. A clear move above $2.32 resistance might send the price toward $2.35 resistance, potentially validating the triangle breakout.

If XRP fails to clear resistance zones, initial support sits near $2.18, with major support at $2.145. A break below this level could see the price decline toward $2.12 or $2.08 support zones.

The MACD is gaining pace in the bullish zone, while the RSI sits above 50, indicating positive momentum in the short term.