XRP Army Alert: Ripple’s Wedge Pattern Hints at a Major Move Ahead

XRP is trading in a tight range after a recent pullback, while traders wait to see which direction the next breakout may take. At the time of writing, the token is priced at $2.53, up 2% in the past 24 hours, though still down 12% over the past week, based on CoinGecko data. Pattern Suggests Two Possible Scenarios Crypto analyst EGRAG CRYPTO pointed to a descending broadening wedge on the chart. Based on this structure, there is a 57% chance of a break to the upside and a 43% chance of a move lower. Source: EGRAG CRYPTO/X If the lower outcome plays out, EGRAG mentioned a possible retest of the $0.50 area, based on measured move projections. On the other side, a successful breakout to the upside could take the price toward the $9 region. They also referenced earlier trades where some sold around $2.70 to $2.80, and XRP is now sitting near $2.50 to $2.60. EGRAG noted, “If you want to sell now, go ahead, no hard feelings… Just don’t come back to me later saying you wish you had sold.” Long-Term Structure Still Holds Analyst ChartingGuy shared a monthly chart showing that XRP is still trading above the $1.61 support. This level lines up with the 0.786 Fibonacci retracement and a former resistance zone from 2021. While Ripple’s token recently failed to hold above $3.31, the 0.886 Fibonacci level, it continues to print higher lows. Notably, the same chart shows potential future levels near $3.31, $8, $13, and $27, based on standard Fibonacci extensions. These levels may act as price targets if XRP holds its current structure. Referring to the larger time frame view, ChartingGuy said, $XRP is NOT bearish in the slightest pic.twitter.com/ZZ3ILgSfaG — Charting Guy (@ChartingGuy) October 14, 2025 Whale Activity Linked to October Drop As reported by CryptoPotato , large wallets began moving XRP to Binance in the first half of October. This followed a quiet period in September. The timing of these transfers matched a 20% drop in price, adding pressure during the decline. Meanwhile, open interest across XRP futures fell sharply from $9 billion to around $4.17 billion. This move came as broader crypto markets saw forced selling and deleveraging across several major tokens. Partnership Announcement Supports Sentiment Ripple confirmed a new partnership with Immunefi, launching a security testing program for the XRP Ledger. The test includes a $200,000 bug bounty, set to run from October 27 to November 24. This announcement came as XRP slid through key levels, offering a short-term lift in sentiment. Traders are now watching price levels closely as the wedge pattern nears a potential breakout point. The post XRP Army Alert: Ripple’s Wedge Pattern Hints at a Major Move Ahead appeared first on CryptoPotato .