XRP Price Poised to Pop if $3.48 Cracks
The post XRP Price Poised to Pop if $3.48 Cracks appeared on BitcoinEthereumNews.com.
Key Insights XRP holds $3.00 support, eyes breakout above $3.48 to confirm new bullish leg. Symmetrical triangle tightening, breakout above $3.26 could push XRP toward the $3.90 target zone. Daily chart shows consolidation; close above $3.40 may revive strong upside momentum. XRP Price Poised to Pop if $3.48 Cracks XRP is holding above key support at $3.00 and consolidating just below the resistance zone between $3.10 and $3.48. The current price is $3.13, up 1% in the past 24 hours, with a daily trading volume of over $6.1 billion. Although XRP has declined by 6% over the last 7 days, the structure on lower timeframes suggests price is building for a potential breakout. The 4-hour chart shared by BitGuru shows that XRP is range-bound between $3.10 and $3.48. A breakout above $3.48 could push the price toward $3.60, offering a 16% upside from current levels. “Hold above 3.00 – BULLISH bias stays,” the analyst noted, indicating that market sentiment remains in favor of buyers as long as price doesn’t break below that psychological level. $XRP is holding 3.099 and eyeing the 3.10–3.48 zone A breakout above 3.48 could push price toward 3.60, a potential gain from here. Hold above 3.00 – BULLISH bias stays. pic.twitter.com/A6XhVSBScZ — BitGuru 🔶 (@bitgu_ru) August 16, 2025 Symmetrical Triangle Tightens Another 4-hour chart shared by analyst Ali_charts illustrates XRP forming a symmetrical triangle pattern. This pattern shows price compressing between converging trendlines, which often leads to a breakout once the range is resolved. The triangle is narrowing, and the key breakout level is set near $3.26, aligned with the 0.618 Fibonacci retracement level. XRP Price Poised to Pop if $3.48 Cracks Should XRP break out above $3.26, the chart outlines price targets at $3.40, $3.60, and potentially $3.90, which matches the 1.272 Fibonacci extension. This…