XRP Price Analysis: Triangle Squeeze Points to Monday Volatility

2026-02-09 07:42:09

⬤ XRP spent the weekend trading sideways while forming a tight triangle structure on lower timeframes. The price action is compressing toward the apex, which typically signals increased volatility heading into the new week.

⬤ The chart reveals XRP bouncing between a descending resistance line and a rising support line. Price swings have become noticeably smaller as the range narrows, showing reduced activity during this consolidation phase. The current price sits near the middle of these converging boundaries.

⬤ This squeeze pattern is textbook behavior—price oscillations contract as the triangle narrows toward its apex. Several minor swings have played out within the structure, but no clear breakout has emerged yet. The setup suggests a shift from weekend consolidation to potential explosive movement.

⬤ As XRP approaches the triangle apex, volatility could spike in either direction. These tight ranges often precede stronger price action and may shape short-term trading conditions in the coming days.

XRP-1,21%

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