A recent chart shared by Steph Is Crypto (@Steph_iscrypto) highlighted XRP’s price compressing into a well-defined structure on the daily timeframe. The post suggested that a massive breakout is coming, with XRP trading within a symmetrical triangle, and following a five-wave Elliott Wave pattern that could increase its momentum once it breaks out of the triangle. The Setup on the Chart The symmetrical triangle began forming in July after XRP reached a new all-time high . Within this symmetrical triangle, it followed a well-defined five-wave structure, with successive highs stepping lower while lows higher, which compresses the range as candles respect both boundaries. The starting point of wave E sits close to the apex in early September. This shows that the sequence has matured and that volatility may expand as the symmetrical triangle approaches resolution. #XRP BREAKOUT INCOMING !!! pic.twitter.com/NwcXoDfmHk — STEPH IS CRYPTO (@Steph_iscrypto) August 21, 2025 What the Projection Suggests From the area around E, a green arrow projects an upward resolution. The arrow rises from the triangle’s tip toward the upper portion of the price scale, settling around the $4.5 target. This visual conveys the analyst’s expectation for a decisive move after consolidation. The chart does not provide an explicit target or date beyond the scale, but the direction and placement of the arrow suggest a climb to a new all-time high for the digital asset. Why the Pattern Matters Triangles on the daily timeframe can help identify control areas between buyers and sellers. In this case, the combination of lower highs and higher lows defines a structured contraction that progressed over several weeks. The strong advance that led into the pattern supports the case for continuation, yet confirmation remains necessary. A firm break and daily close above the upper dotted boundary would validate the scenario shown in the post. While a decisive loss of the lower support boundary would negate the setup and reset expectations, it would extend the consolidation phase and potentially send the asset’s price down. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 What’s Next for XRP? Two practical points follow from the chart. First, the structure looks mature, as XRP is entering the final wave in the Elliott Wave sequence. Second, the post implies action on a breakout rather than within the range. XRP is currently trading at $2.83, showing similar bearish momentum to the broader market. However, this decline should be short-lived if the asset can follow the path outlined by Steph. 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 Says XRP Price Breakout Incoming. Here’s why appeared first on Times Tabloid .
