XRP nears triangle apex, SuperTrend turns bullish, eyes 35% move

Analyst flags 12h XRP triangle; 35% move on breakout

XRP is coiling in a Symmetrical Triangle on the 12‑hour chart. Ali Martinez says a breakout could trigger ~35% move.

Martinez shared a chart showing months of consolidation. Price retested the upper trendline last week, got rejected, and slipped to the midline. The range is tight. The apex is near. Source: Martinez on X.

A Symmetrical Triangle has converging support and resistance with equal, opposite slopes. Break above is bullish. Break below is bearish. Pattern explainer.

Martinez sets a ~35% objective using the triangle’s height. Direction depends on the breakout side. Source.

Daily trend flipped. The SuperTrend on XRP’s 1D chart turned bullish for the first time since January, per Martinez. SuperTrend reference.

“After months of ‘sell’ pressure, we are officially seeing a buy signal that anticipates a major comeback in XRP’s trend.” Martinez on X

- Setup: 12h Symmetrical Triangle, range compressing near apex
- Trigger: Breakout above or below trendlines
- Target: ~35% move by pattern height
- Trend: Daily SuperTrend flipped buy, first since January

Price action: XRP spiked to $1.50 on Friday, then pulled back to $1.41.