TL;DR
- XRP’s hoppin’ around inside an ascending triangle, hanging onto $2.97 like a cat on a screen door, eyeballing $3.12 as the next hare to chase.
- Some fancy folks with charts and fancy words talk Fibonacci magic at $3.00 and $3.25-whatever that means-with their crystal balls pointing at $4.50 someday, maybe.
- Futures open interest done hit $8.36 billion-more derivatives bouncing around than a circus on a pogo stick while XRP’s prices do a high-wire act.
Ascending Triangle Structure on 4-Hour Chart
XRP’s trapped inside one of them ascending triangles on the 4-hour chart-look it up if you don’t believe me-a pattern that says, “Hold onto your hat, this thing’s likely gonna keep climbing.” It’s hovering just under resistance like a hound dog sniffin’ a fresh bone, with the triangle’s tip getting closer than a preacher on a Sunday morning.
Our man Analyst EGRAG CRYPTO chimed in,
“So long as XRP don’t drop below $2.973, we’re still riding toward the triangle’s apex like a steamboat chasing the Mississippi’s bend. Target’s $3.12122-yes, that extra “22” means we’re fancy-and if luck holds, it might just keep on trucking.”
According to his fancy chart, there’s a brick wall of resistance around $3.033, so don’t go bumping your head just yet.
The short-term supports are dancing with moving averages too. They got the 21 EMA at $2.957 and the 100 EMA at $2.912-like two old cowboys ready to draw. If they slip, the next saloon to visit would be around $2.85, and that’s the line in the sand to keep this bullish hoedown alive.
#XRP : 4-Hour Time Frame – Ascending Triangle Trade:
I like givin’ you the big picture before I split hairs!
Zooming In:
As long as #XRP stays above $2.973, we’re still on track to reach the apex of the ascending triangle and make our move! The…– EGRAG CRYPTO (@egragcrypto) September 11, 2025
Zooming way out, XRP’s been poking and prodding that descending channel like a curious raccoon, showing some spunk. EGRAG’s got a fancy term-“cross & push”-which basically means the short-term average is tiptoeing past the long-term one like a sly fox. As long as XRP keeps making higher lows and volume doesn’t ghost town, it’s a straight shot toward $3.12 and beyond, as sure as a river cuts through rock.
At press time, XRP was trading at $3.01-up a modest 1% today but a respectable 6% over a week. The jump above $3 came courtesy of a trading frenzy that looked like a swarm of mosquitoes at a campfire.
Analysts Outline Higher Targets
Now here comes CasiTrades, another chart-wrangler who reckons the long boring consolidation has ended. She said,
“Consolidation Ends, Momentum Builds: XRP Targets $4.50! The critter’s heating up! Broke outta its months-long nap and now the $3 test is underway.”
“Looking at the daily timeframe, it’s been fighting this level harder than a cat with a new toy…”
– CasiTrades (@CasiTrades) September 10, 2025
Miss Casi also clings to her Fibonacci levels like a gambler to a lucky rabbit’s foot, seeing support at $3.00 and resistance at $3.25. Push through those, and the road to $4.50 opens like a saloon door on a Friday night. The prior high of $3.66 stands in as the mandatory pit stop to catch breath.
She notices momentum building too, with the RSI (one of those mysterious indicators like a lantern in the fog) trending upward, and its moving average holding firm like a trusty mule.
Meanwhile, over yonder in derivatives land, interest is ballooning alongside spot market action. Futures open interest crested at $8.36 billion-which is more high stakes than a poker game in a one-horse town. All this hullabaloo signals that folks are piling in, eyes on the prize, as whispers of US interest rate cuts sweeten the pot and funnel flows into big dogs like XRP.
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2025-09-11 16:58