Is XRP Price About to Soar? Triangle Pattern Suggests a 16% Upside Potential

Jakarta, Pintu News – The price of XRP (XRP) remains above $2.09 after a mild recovery on December 10, continuing its bullish trend. The crypto has risen by 4% in the past day.

Meanwhile, the total crypto market increased by 3% in the past week, with a 2% surge in seven days. Major assets such as Bitcoin (BTC), Ethereum (ETH), XRP, and Solana (SOL) registered significant gains.

This rise comes ahead of the Federal Open Market Committee (FOMC) meeting scheduled for today. Analysts expect that the Federal Reserve will announce an interest rate cut for the third time this year.

Bitcoin’s price has broken the $92,000 mark, while Ethereum’s price rose past $3,300. Notable price movements have also occurred in other coins such as Solana, ADA, and XRP.

XRP Price Forms Triangle Pattern, Potential to Rise 16%?

Based on the latest market analysis, XRP price is currently trading in a triangle pattern formation. This pattern was observed by chart analyst Ali_charts, which suggests that XRP could potentially experience a price movement of 16% in the near future.

Read also: Aster Price Forms Bullish Pattern Amidst Buyback Surge to $4 Million/day – Breakout in Sight?

In the chart shown, the price movement of XRP shows a series of increasing lows and decreasing highs. This pattern reflects market uncertainty as the price is at the tip of a triangle. However, the long-term outlook for XRP is still bullish.

Historically, patterns like this often signal a potential breakout or breakdown after the price breaks out of the area where the trend lines meet in the triangle pattern.

XRP Derivatives Market Experiences Significant Growth

The XRP derivatives market is showing strong growth based on the latest data, with a notable spike in activity. Trading volume increased by 16% to reach $5.26 billion, signaling increased activity in the market. In addition, open interest also rose by 2.34%, reaching a total of $3.72 billion, reflecting growing investor interest.

A remarkable increase was also seen in the options market, where volume surged by 241%, with a total of 4,870 contracts recorded. Interest in options also increased sharply by 74%, reaching a value of $63,240.

This data shows that the XRP derivatives market is currently very active and is attracting the attention of more market participants.

Read also: Altcoin Season Delayed? Now Capital Flows to Bitcoin and Ethereum

XRP Price Faces Important Test at $2 Level: Will it Hold or Break Down?

XRP’s latest price is trading at $2.08 after a mild recovery. Over the past few hours, price movements have been within a narrow range, with resistance levels around $2.20 and support levels around $2.00.

The MACD indicator shows a positive signal through the occurrence of a crossover, which is when the MACD line crosses above the Signal line. This signals a potential upward momentum in the near future.

Currently, the main support level for XRP price is at $2.00. If this level is able to be maintained, then it is likely that the price will bounce back towards the $2.20 resistance level. However, if the price breaks below $2.00, then there is potential for a further decline towards the second support at $1.80.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coingape. XRP Price Eyes Big Breakout as Triangle Pattern Signals 16% Move. Accessed on December 11, 2025