Foreign sources cite the view of market analyst Bird that XRP is approaching the critical price range that has been rare in recent years. Over the past months, prices have been constricting within the symmetric triangle for many years, and market attention is shifting towards when this pattern ends and where it will follow.

Currently, XRP returns $1.04. According to the article, the narrowness of recent fluctuations does not necessarily mean a decline in attention and is more likely to reflect the fact that both sides are still pulling saws. As the high points continue to move down and the low points gradually rise, the price space is shrinking and the market is at a stage of waiting for directional choices.

It's coming to an end.

The symmetric triangle usually appears after successive price formations at lower and higher lower points, where fluctuations continue to shrink until it approaches the end. According to the article, this pattern tends to trigger larger unilateral fluctuations towards the end, especially when the turnover is magnified simultaneously.

Bird believes that XRP is now close to this threshold. If prices effectively break the triangle and are accompanied by stronger buyouts, the market may see $4 as an important target for the next phase.

The breach still needs to be confirmed.

However, the article also emphasizes that the current pattern is still organized rather than the confirmed reversal of the trend. The market cannot see the rise as an established result until the price is clearly on the hold.

On the contrary, if XRP fails to break up, even down the triangle, the movement may be weaker. It is also mentioned that, according to some analysts, XRP does not preclude a return to the vicinity of $0.90 before greater level fluctuations.

  • Current reference price: $1.04
  • Uplink: $4
  • Risk level below: 0.90 US$

Short-term entry orientation selection window

The article suggests that the next few days to weeks may be the key window for the evolution of the current XRP. What is really important for the market is not the target price per se, but whether there is a clear direction breakthrough and whether the turnover is magnified simultaneously.

If established, the XRP could re-energize wider market attention; if it continues to be blocked, the current constrictive structure will continue and even turn downward. Overall, the XRP is moving towards the end of a many-year-old triangle, and the likelihood of short-term fluctuations is increasing.