Technical analysis by CryptoNuclear about Symbol XRP: Buy recommendation (8/16/2025)

📊 Overview XRPUSDT is currently trading inside a descending triangle formation after its strong rally in July. Price action shows consistent lower highs pressing downward while the support zone at 2.70 – 2.95 (major demand area) is still holding. This setup is now at a critical decision point: Will the bulls defend the demand zone and push XRP back toward the major resistance at 3.55–3.66, or will bears take control and trigger a deeper correction toward 2.30? --- 🔥 Pattern Explanation Descending Triangle: Downtrend line connecting lower highs with a flat horizontal base at demand support. Supply & Demand: The 2.70–2.95 area was a major resistance in the past, now flipped into demand. Psychological level: The 3.00 mark acts as a psychological pivot zone where reactions often accelerate. Timing: The triangle’s apex points toward late September – October, meaning volatility is likely to explode before then. --- ✅ Bullish Scenario (Breakout) 1. Trigger: Daily close above the descending trendline and reclaiming 3.29. 2. Strong confirmation: Break and hold above 3.55, opening the path toward 3.66. 3. Measured move target: Triangle height (~0.60–0.75) projects upside to 3.90 – 4.00. 4. Extended target: If volume expands during breakout, rally could extend to 4.10–4.20. --- ⚠️ Bearish Scenario (Breakdown) 1. Trigger: Daily close below 2.90, breaking the demand zone. 2. Immediate targets: 2.60 and then 2.40 as historical supports. 3. Measured move target: Full breakdown projects downside toward 2.30 – 2.15. 4. Invalidation: Price reclaiming 3.10–3.29 after a breakdown. --- 📌 Key Levels to Watch Supports: 2.95 – 2.70, 2.60, 2.40. Resistances: 3.29, 3.55, 3.66, 3.90, 4.10. --- 📈 Conclusion XRPUSDT is consolidating at a make-or-break level inside a descending triangle. As long as 2.70–2.95 holds, bulls have a chance to push price back toward 3.55–3.66 and potentially higher. But if this demand zone gives way, a sharp correction toward 2.30 could follow. ⚡ This descending triangle could act as the catalyst for XRP’s next big move in the coming quarter. Wait for a daily close confirmation to reduce the risk of fakeouts. #XRP #XRPUSDT #CryptoAnalysis #PriceAction #DescendingTriangle #BreakoutTrading #CryptoTraders #AltcoinAnalysis #SupportResistance