Crypto 259
06/15 08:16
XRP’s price action continues to compress within a narrowing structure that has persisted since January 2025. As the market approaches a key inflection point, a recent update from crypto analyst XRPunkie (@Shawnmark7899) has brought renewed focus to the technical setup.The analyst has been tracking this price trend and provided a chart showing XRP hovering near the apex of a multi-month symmetrical triangle. The price recently faced resistance along the trendline that has capped upward movement for nearly six months, but XRPunkie expects a breakout soon.
The chart shows the asset trading at $2.1, with price action now positioned just below the resistance boundary. The updated trendline, extending from the January 2025 high, reinforces the same structural formation XRPunkie highlighted earlier in the week.
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