XRP is approaching the apex of a tightening triangle formation, with several analysts anticipating a volatility resumption and higher upside potential compared to downside risk. Analyst Ali Martinez noted that a close above $1.53 on the 4-hour chart could confirm a bullish breakout toward the next major target at $1.62. Celal Kucuker puts the probability of an upside breakout at around 65%-70%, compared with 30%-35% for a southward move. CryptoQuant on-chain data shows that smaller investors have been accumulating XRP for seven consecutive days, offsetting the slowdown in whale activity. XRP is currently trading around the $1.51-$1.53 resistance zone.
Source: Read the original article

