XRP is once again drawing the spotlight on the 4-hour timeframe, where a well-defined ascending triangle has traders preparing for a decisive move. According to market analyst Egrag Crypto, the pattern remains bullish as long as the token trades above $2.973, keeping the path open toward a measured target of $3.1212 and possibly higher. An ascending triangle forms when rising lows meet a horizontal resistance line, compressing price action until a breakout occurs. This structure reflects persistent buying pressure. Egrag Crypto notes that XRP is steadily respecting higher lows while testing the upper boundary near the $3.00 region. A confirmed breakout through this ceiling could validate the $3.1212 projection, with further upside possible if volume spikes accompany the move. #XRP : 4-Hour Time Frame – Ascending Triangle Trade: As you know, I like to provide a wider view before zooming in on the details! Zooming In: As long as #XRP stays above $2.973, we’re still on track to reach the apex of the ascending triangle and make our move! The… pic.twitter.com/YKTySlTc4q — EGRAG CRYPTO (@egragcrypto) September 11, 2025 Support Zones to Monitor For the bullish thesis to hold, key support levels must remain intact. Egrag highlights the 21-period EMA at $2.957 and the 100-period EMA at $2.912 as the first defensive lines. These moving averages often act as dynamic support, cushioning pullbacks and helping maintain trend structure. Traders should monitor these levels on the 4-hour chart, as sustained closes beneath them could signal weakening momentum. Critical Retest Level If selling pressure deepens, $2.85 stands out as the critical retest point. A drop below this mark would break the pattern of higher lows and could invalidate the ascending triangle altogether. A drop like this could trigger further declines toward past liquidity areas, with $2.85 emerging as a critical level for bulls to defend. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Trading Considerations Momentum traders typically wait for a strong close above the triangle’s resistance line, confirmed by rising volume, before entering long positions. A measured target of $3.12122 offers a clear initial objective, while stops are often set just below the 21 EMA to manage risk. Range traders, meanwhile, may prefer to accumulate near the EMAs as long as the $2.85 floor remains unbroken. In all cases, strict position sizing and disciplined risk management remain essential. Market Context XRP is currently trading around the $3.00 region, keeping the spotlight on the $2.973 threshold that defines the bullish setup. Broader market sentiment, particularly Bitcoin’s next move, will likely influence XRP’s breakout or breakdown. Monitoring trading volume and institutional flows can help separate genuine momentum from false signals. The 4-hour ascending triangle gives XRP a clearly defined roadmap: hold above $2.973, defend the EMAs, and a push toward $3.12 is in play. Lose those supports, and the bullish picture quickly changes. As Egrag Crypto underscores, patient, disciplined trading will be the difference between capitalizing on this opportunity and getting caught in a failed breakout. 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 urged to do in-depth 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 Twitter , Facebook , Telegram , and Google News The post Analyst Highlights XRP Price Targets as Bulls Defend Key Levels appeared first on Times Tabloid .
