“BULLISH: XRP is breaking out of this descending triangle. Eyes on the next move — this could be the start of something big.” With this brief message on X, market analyst John Squire drew traders’ attention to a classic chart pattern that now dominates XRP’s price action . Market Snapshot XRP has climbed steadily over the past three days, moving from the upper $2.90 range into the low-$3.10s on major exchanges. As of report time, the token trades at $3.17, a modest but significant rise that coincides with the breakout Squire highlighted. Trading platforms also report a marked surge in intraday volume during the initial push higher—a key ingredient when validating any breakout. BULLISH: $XRP is breaking out of this descending triangle. Eyes on the next move — this could be the start of something big. #XRP #Crypto pic.twitter.com/xEWsfMu3h1 — John Squire (@TheCryptoSquire) September 12, 2025 Technical View: Why the Pattern Matters A descending triangle often signals bearish continuation, yet when price pierces the downward-sloping resistance line instead of breaking lower, it can ignite a powerful bullish reversal. Analysts following the same setup estimate initial upside targets around $3.60 , with extended projections reaching into the mid-$3 range if momentum holds. These figures come from a standard “measured move” calculation, which adds the triangle’s height to the breakout point. Balancing Optimism with Caution Despite the excitement, not every technician is convinced the rally is unstoppable. Several chartists stress the need for sustained closes above the $3.00–$3.10 zone before declaring the breakout confirmed. On-chain metrics add another note of caution: recent reports of rising exchange reserves hint at possible selling pressure, which could cap gains if large holders decide to take profits. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 What Investors Should Watch Volume remains the deciding factor . A breakout supported by above-average trading activity typically signals genuine demand, whereas a thin-volume move risks a swift reversal. Key supports lie near $2.90–$3.00; a decisive drop below that range would weaken the bullish thesis and invite renewed selling. Traders who choose to act on Squire’s observation are wise to pair any entries with clear stop levels and to size positions conservatively. Outlook John Squire’s alert has spotlighted a potential turning point for XRP. The next 24 to 72 hours will reveal whether this pattern is indeed the “start of something big” or merely a brief technical rally. If buyers maintain control and volume stays elevated, the breakout could mark the beginning of a new upward leg for one of crypto’s most closely watched assets. If not, the move will stand as another reminder that even the most convincing chart formations demand confirmation. 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 to XRP Investors: This New Signal Could Be the Start of Something Big appeared first on Times Tabloid .
