Key points:
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XRP is watching a 75% breakthrough from a symmetrical triangle pattern.
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The whale flow flipped in a May positive, and the signal recovered from accumulation.
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The $2.34–$2.40 range is the key resistance zone in the short term.
xrp(XRP) has risen about 6.50% in the past 24 hours to $2.20 on June 28, and its earnings are Cross playback of ripple drop Oppose the Securities and Exchange Commission (SEC).
Earnings are part of a broader consolidation cycle when XRP booms since November.
Can the price of XRP rise from current levels? Let’s check it out.
XRP symmetric triangle prompt ~75% assembly
XRP has formed a textbook Symmetric triangle pattern As the price is close to $3.40 in February. This structure is characterized by a converging trend line, which usually marks a continued movement after a strong previous trend, in which case it is optimistic.
As of June 28, XRP is testing the upper line of the triangle for a potential breakthrough. The 50-day exponential moving average (50-day EMA; red wave) is close to $2.20, which is additional resistance.
Beyond the resistance convergence (or APEX) may shift the price rallies to the triangle’s upside target of about $3.81, which by July is about 75% higher than the current price level.
XRP whales accumulate to increase fuel for breakthrough papers
The technology setup is consistent with the growing number of signs of smart currency accumulation.
XRP’s 90-day moving average whale flow According to CryptoQuant, the positive in early May ended the long distribution from January to April.
This shift suggests that large holders have been positioning for significant moves lately, with historical data supporting this trend.
For example, similar accumulation activities began in August 2024, ahead of the 420% rally of XRP in the fourth quarter. As of June 28, these inflows have exceeded 2024 levels, suggesting that confidence among whales has been updated.
XRP may draw new highs in late 2025, and if the OnChain model holds, it may validate the bullish discount target of the symmetrical triangle.
The prompt for XRP clearing heatmap is $2.34-2.40
Binance’s XRP/USDT clearing heat map Highlights of the $2.34–$2.40 range as a key resistance zone, with potential liquidation clusters exceeding $525 million.
These areas usually act as price magnets and have dense liquidity to influence market direction.
XRP is close to the lower limit of the range for testing June, but faces rejection.
Related: Three signs that XRP price will explode soon after 4 months of merger
Decisive moves over $2.34, which can flip the script, trigger a brief squeeze, forcing liquidation and pushing the price to $2.40, potentially laying the foundation for further upside potential.
This article does not contain investment advice or advice. Every investment and trading move involves risks and readers should conduct their own research when making decisions.
