XRP Breakout Watch: Symmetrical Triangle Tightens near $1.40

Crypto analyst Ali Martinez says XRP is nearing a breakout as price compresses inside a symmetrical triangle on the daily chart. Since February, XRP has formed lower highs and higher lows, signalling volatility compression and a build-up of “market energy.” XRP is trading around $1.374, with the triangle apex near $1.40. Key levels for XRP traders: $1.35–$1.45 is a “no-trade zone,” where false signals are common until a confirmed daily close breaks out. Bull case: a daily close above $1.45 would support bullish continuation, with a target near $1.82 (roughly a 26% measured move from the triangle height). Bear case: a daily close below $1.35 would turn the bias bearish, pointing to around $1.00. The later update also flags short-term indecision: XRP must hold above $1.3930 while that level is tested. A breakdown below the area could reinforce the bearish path and bring fresh lows, potentially alongside sideways-to-weak action depending on BTC. Despite references to steady ETF inflows, XRP still lacks strong directional follow-through. The practical takeaway is to wait for confirmed daily closes outside the $1.35–$1.45 range rather than trading the middle of the pattern.