XRP is once again at the center of attention in the cryptocurrency market. With a 359% rally over the past year and an 8% price increase in the last 24 hours, XRP is building momentum even amid a broader slowdown in the digital asset space. Now trading at approximately $2.19, XRP has entered a technical consolidation phase—but this calm may not last much longer.

Technical analysts have zeroed in on a crucial chart pattern that has been forming over the past 11 months. A symmetrical triangle has taken shape on XRP’s daily chart, suggesting that a major price move is imminent. This pattern, characterized by converging trendlines of lower highs and higher lows, often indicates a buildup of pressure between buyers and sellers. Eventually, this tension breaks—usually with a sharp price movement in one direction.

The symmetrical triangle on XRP’s chart has been developing for 334 days. According to experienced chart analysts like EGRAG CRYPTO, breakouts from such patterns typically occur between 75% and 95% of their total duration. In this case, that puts the expected breakout window between early July and mid-September 2025. This three-month stretch could prove to be one of the most important periods for XRP in recent memory.

The direction of the breakout remains uncertain. The symmetrical triangle is considered a neutral formation, meaning the price can break either upward or downward depending on market sentiment and broader crypto conditions. However, the recent surge in XRP’s daily price and its strong long-term performance have tilted expectations slightly in favor of a bullish outcome.

If XRP manages to break above the triangle’s upper trendline, analysts believe the token could rapidly climb to $5 or higher. Such a move would represent more than a 120% gain from its current levels and could signal the beginning of a new bullish phase for the asset. A sustained rally would likely be supported by increased investor confidence, higher trading volumes, and broader participation in the Ripple ecosystem.

On the other hand, if XRP fails to hold its position within the triangle and drops below the lower trendline, analysts expect it to test support levels around $2 or slightly below. Although that would be a disappointment for short-term traders, many long-term investors remain optimistic given XRP’s resilience and performance over the past year.

This technical setup comes after a relatively flat start to 2025 for XRP. The first quarter saw minimal price action, with only a 0.45% gain. The second quarter has been only slightly better, delivering just over 4% growth so far. However, such periods of low volatility often precede major market moves, especially when combined with strong chart patterns like the one currently seen.

What makes this moment particularly significant is XRP’s growing importance in the crypto market. As the third-largest cryptocurrency by market capitalization—excluding stablecoins—XRP has steadily gained ground on Ethereum and Bitcoin in terms of performance. The token’s recent rally outpaced both of the two leading digital assets, further reinforcing its role as a major player in the crypto space.

Investors and traders are watching closely as the July–September breakout window approaches. Any significant movement outside the triangle’s boundaries is expected to be met with rapid trading activity. A bullish breakout could trigger a wave of new buyers entering the market, while a bearish move might lead to cautious repositioning or temporary pullbacks.

For now, XRP holders are in wait-and-see mode, but that patience may soon be rewarded—or tested. With the symmetrical triangle pattern nearing its conclusion and the price inching closer to a decision point, XRP’s next move could define the rest of 2025.

This period of consolidation is unlikely to continue much longer. Whether XRP pushes toward new all-time highs or revisits lower support levels, the next few months could deliver a defining moment for one of crypto’s most closely watched assets.