Crypto analyst StephIsCrypto shared a technical chart highlighting what appears to be a falling wedge formation for XRP against the U.S. dollar on the daily timeframe. The chart, sourced from Bitstamp data, shows the price consolidating within two converging downward-sloping trendlines. This setup, commonly referred to as a falling wedge, is typically interpreted in technical analysis as a pattern that precedes a breakout to the upside once price action breaks through resistance. In the chart, XRP has been trending lower since early August following a sharp upward move in late July. The outlined pattern demonstrates consistent lower highs and lower lows, while gradually narrowing toward the end of the wedge. Current price levels hover just above $2.80, while the wedge boundaries converge around this range. The historical context provided in the chart suggests a potential for an XRP breakout if it closes above the upper trendline. #XRP BREAKOUT IMMINENT!!! pic.twitter.com/9mmtswAiNm — STEPH IS CRYPTO (@Steph_iscrypto) September 1, 2025 Community Reactions to the Chart Following the tweet, several XRP community members shared their views in the comment section. Ricky Douvan responded by saying, “Another day, another #XRP breakout call. My hopium levels are critical, but my diamond hands are ready! LFG!” His remark reflects a mix of cautious optimism and a readiness to continue holding XRP despite repeated predictions of breakout scenarios. Another user, Dan, provided a more skeptical take, comparing breakout predictions to the odds of winning the lottery. He stated , “‘Breakout imminent!’ This is like saying everyday ‘you’re about to hit the powerball jackpot!’ However, you can’t win unless you buy tickets. Some chance is better than zero chance. My 39 XRP coins will earn me a McLaren parked next to my 1991 Corolla in my driveway.” His comment underscores a lighthearted but critical perspective on repeated claims of breakout potential. Market Context The falling wedge pattern is generally seen as a bullish continuation signal in technical analysis. Traders who monitor such formations typically watch for a confirmed breakout above resistance with increased trading volume before considering it a signal for sustained upward momentum. However, without a breakout confirmation, the pattern remains speculative. At the time shown on the chart, XRP’s price range fluctuates between approximately $2.50 and $3.20, showing consolidation after a significant rally earlier in the summer. Whether XRP will confirm the falling wedge breakout remains contingent on price action in the coming days, especially as the wedge pattern approaches its apex. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 StephIsCrypto’s post emphasizes the technical case for a bullish scenario, while the varied community reactions reflect both enthusiasm and skepticism around frequent breakout predictions. As of now, XRP continues to trade within the wedge formation, and traders are closely watching for confirmation signals that could validate the analyst’s outlook. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Analyst Says XRP Breakout Is Imminent. Here’s why appeared first on Times Tabloid .
