Prominent crypto analyst Xoom (@Mr_Xoom) recently shared his perspective on XRP’s market structure, accompanied by a detailed chart highlighting key levels. His analysis suggests that XRP has reached a decisive point where price action could dictate the next meaningful trend. While the token has spent some time consolidating , the chart shows narrowing price action forming a descending triangle pattern, often seen before significant moves. Xoom stated, “these things break when you least expect it,” highlighting the possibility that XRP may not remain in this compression phase for long. His analysis highlights both the immediate resistance above and the support levels that could act as springboards or breakdown points, depending on how the market reacts. XRP, These things break when you least expect it. If broken towards the upside, the first resistance is the $3.15 zone. If XRP breaks below, it should be a swift move to the $2.50-60 zone to sweep liquidity, but that would only energize it to make a move higher. But don't be… pic.twitter.com/JM7jceChZQ — xoom (@Mr_Xoom) September 4, 2025 Details On XRP’s Chart The chart posted by Xoom shows XRP trading around $2.83, with the price compressing against descending resistance, which began forming shortly after the asset reached its all-time high of $3.65 in July . The structure has created a descending triangle formation , defined by a series of declining peaks meeting a flat support zone. This tightening range often precedes expansion, making the coming sessions critical for traders monitoring the token. The immediate upside level outlined in the chart is the $3.15 zone. Notably, XRP has previously consolidated around this level, and another prominent analyst has highlighted this level as a medium-term pivot that could send XRP to $3.6. XRP’s Next Steps A successful breakout through this level would suggest renewed bullish momentum, opening the door to a potential retest of higher levels seen earlier in the summer. Conversely, if support fails, the chart indicates a move toward the $2.50 to $2.60 region, which has historically acted as a liquidity pool and reaction zone. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Importantly, the analysis does not frame this potential decline as bearish in the broader context. Instead, Xoom suggests that the decline will provide an opportunity for the market to rest and build momentum for another climb. This potential decline could also allow investors to buy the dip before the climb continues. This analysis shows that XRP is at a pivotal juncture. Consolidation is narrowing, and whichever direction resolves first will carry significant implications for near-term trading strategies. While the short-term outlook remains conditional, Xoom’s analysis suggests a bullish outcome regardless of the short-term performance. 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 Sets Bullish XRP Targets Based On This Indicator appeared first on Times Tabloid .
