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Ripple\u2019s native token (XRP<\/a>) has moved sideways for months, and analysts now say the token is trading inside a symmetrical triangle on the daily chart.\u00a0<\/strong><\/p>\n \n Summary<\/span>\n <\/p>\n <\/p>\n This pattern usually forms when price swings get tighter over time, with lower highs and higher lows pushing the market toward a breakout point.<\/p>\n Analyst Ali Martinez, known as Ali Charts on X, said \u201d$XRP consolidates in a symmetrical triangle, pointing to a potential 35% move.\u201d His view<\/a> has drawn attention as XRP holds near $1.40 after gaining nearly 6% over the past week.\u00a0<\/p>\n <\/p>\n Even so, the token remains down more than 3% on the month and about 61% below its July 2025 all-time high.<\/p>\n Just 2 days ago, Ali also said<\/a> XRP\u2019s SuperTrend indicator turned bullish on the daily chart for the first time since Jan. 17. He wrote that the market is now showing a buy signal after months of selling pressure. Still, he pointed to $1.55 as the main resistance level traders need to watch.<\/p>\n \u201dA clean break and daily close above $1.55 would likely trigger a relief rally,\u201d he said.<\/p>\n<\/blockquote>\n He also named the $1.90 zone as the next target if XRP moves through resistance. For now, the token has already tested higher levels, briefly reaching $1.50 before pulling back again.<\/p>\n Moreover, another analyst, Wolverinos, compared<\/a> XRP\u2019s structure with silver\u2019s earlier chart pattern. He said silver moved sharply higher after breaking out from a multi-year symmetrical triangle, and he argued that XRP may be following a similar path after its own breakout in November 2024.<\/p>\n According to that view, XRP is now trading inside a falling wedge after reaching $3.40 in July 2025. Wolverinos said the token may still be in a second wave before a stronger third wave develops.\u00a0<\/p>\n Based on that structure, he set an upside target of $8, though that remains a chart-based projection rather than a confirmed market move.<\/p>\n Away from technical charts, XRP has also seen support from fund flows and ecosystem growth. Spot XRP ETFs posted their strongest week in three months last week, bringing<\/a> in $55.39 million over five trading days, based on SoSoValue data. On April 15 alone, the products recorded<\/a> $17.11 million in inflows, their best daily result in 10 weeks.<\/p>\n At the same time, the Solana ecosystem launched<\/a> wrapped XRP, or wXRP, through a partnership involving Hex Trust and LayerZero. The token is backed 1:1 with XRP and is already available across several Solana DeFi platforms, including Jupiter Exchange and Phantom wallet.<\/p>\n <\/p>\n\n\n\n
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ETF inflows and Solana expansion support market focus<\/strong><\/h2>\n