🎉 Congratulations to the following users for winning in the #Gate CBO Kevin Lee# - 6/26 event!
KaRaDeNiZ, Sakura_3434, Anza01, asiftahsin, GateUser-d0654db3, milaluxury, Ryakpanda, 静.和, milaluxury, 币大亨1
💰 Each winner will receive $5 Points!
🎁 Rewards will be distributed within 14 working days. Please make sure to complete identity verification to be eligible.
📌 Event details: https://www.gate.com/post/status/11782130
🙏 Thank you all for your enthusiastic participation — more exciting events are on the way!
XRP price predictions above $3 in 2025 have one major flaw
Key takeaways:
Numerous XRP (XRP) analysts are calling for a massive price explosion in 2025, citing what appears to be a descending triangle pattern on shorter-timeframe charts.
Is XRP “coiling up for a bigger move”?
Prominent crypto traders like Milkybull Crypto and Gordon have both flagged similar chart structures on XRP’s charts.
Milkybull says XRP is “still coiling up for a bigger move,” pointing to a descending triangle pattern.
But there’s a problem: both setups hinge on a pattern that often resolves to the downside, especially in the market conditions that XRP currently trades in.
XRP has higher odds of breaking down: Research
Descending triangles that follow uptrends result in bearish breakdowns around 54% of the time, according to chart pattern researcher Thomas Bulkowski,
That number may appear modest, but in crypto, where volatility amplifies failure moves, the risk tilts higher. Some anecdotal studies further peg the bearish resolution rate closer to 60–70%.
Descending triangles, by contrast, feature a flat support base and lower highs, often signaling that sellers are growing more aggressive. One prime example of this is XRP’s triangle formation in 2021-2022, which resulted in a breakdown.
That level also aligns with XRP’s aggregated realized price, the average at which traders acquired their coins.
Related: Watch these XRP levels as price meets ‘turning point’
Positive fundamentals, such as a potential resolution of the SEC vs. Ripple lawsuit, positive whale flow, and rising odds of an XRP ETF approval, could still overpower any bearish signals that might arise.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.