XRP (XRP) is trading at $1.46 as an ascending triangle pattern compresses beneath a resistance band between $1.65 and $1.70 — a zone that analyst EGRAG CRYPTO says will determine whether the token can begin working its way back toward prior cycle highs.
Triangle Pattern Details
In a post on X, EGRAG described the setup as an ascending triangle forming under what he calls "Zone 1," the $1.65–$1.70 resistance area visible on the five-day XRP/USD chart. A rising lower trendline indicates buyers have been stepping in at progressively higher levels, while sellers continue to defend a flat ceiling.
The analyst assigned a 65% probability to a breakout above Zone 1, citing building momentum and tightening compression. A 35% chance of rejection remains, particularly if the proposed Clarity Act is delayed. "If no catalyst → liquidity sweep first," EGRAG wrote.
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XRP On The Crossroads
Even a successful break above Zone 1 would not, on its own, open the door to all-time highs.
EGRAG placed "Zone 2" at roughly $2.60 and above, noting that reaching it would require institutional flows, Bitcoin (BTC) stability or a drop in BTC dominance, and sustained weekly closes above $1.85–$2.00.
"Triangle = Pressure. Zone 1 = Trigger. Zone 2 = Expansion," the analyst wrote. "Catalyst starts the move…..Liquidity finishes it."
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