XRP Price: Symmetrical Triangle Forms and Analysts Eye $1.35 - Here’s What Needs to Happen

NewsTue, 28 Jul 2026 07:00:53 UTC1 hour ago
XRP Price: Symmetrical Triangle Forms and Analysts Eye $1.35 - Here’s What Needs to Happen

TLDR

  • XRP is trading around $1.10–$1.11, consolidating below key resistance at $1.1237–$1.1475
  • A symmetrical triangle pattern is forming on the daily chart, with a potential breakout target of $1.35
  • Funding rates have turned positive and the 30-day Z-Score has climbed above zero, signaling improving momentum
  • RSI sits near 47.85, just below neutral, and the MACD has yet to confirm a bullish crossover
  • Key support sits at $1.08–$1.10; a break below $0.93 would weaken the medium-term outlook

XRP is consolidating near $1.10–$1.11 as a symmetrical triangle pattern develops on the daily chart. Analysts are watching whether buyers can push the token above key resistance and toward the $1.35 area.

XRP Price

The triangle has formed following a prolonged decline from XRP’s 2025 highs above $3.50. Chart analysis shared by @cryptowithgopal on X shows converging trendlines, with sellers becoming less aggressive and buyers defending progressively higher lows. This points to tightening volatility ahead of a potential resolution.

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