Technical analysis by persis10t about Symbol XRP: Buy recommendation (7/10/2025)

After months of tight consolidation inside a symmetrical triangle, XRP/USDT has finally broken out with strong bullish momentum on the daily timeframe. 🔹 Chart Pattern: Symmetrical Triangle 🔹 Breakout Confirmation: Daily candle closed above the descending trendline resistance 🔹 Support Zone: ~$2.00 – $2.20 (Held multiple times since April) 🔹 Breakout Level: ~$2.48 – $2.50 🔹 Next Resistance Levels: ▫️ $2.62 – Minor horizontal resistance ▫️ $3.39 – Major resistance from previous highs ▫️ $4.92 – Long-term macro target (measured move from triangle) 🧠 Why does this breakout matter? ✅ Strong Volume: Breakout happened with increased volume – a sign of genuine breakout ✅ Multi-month Base: The longer the consolidation, the stronger the breakout ✅ Support Respect: XRP respected the demand zone repeatedly, showing accumulation ✅ Momentum Building: A clean break could trigger trend-following bots and new buyersXRP TP1 hit!