key takeaways:

• The XRP is eyeing a 75% breakout from a symmetric triangle pattern.

• Whale flow positively flipped in May, indication of renewed accumulation.

• $ 2.34- $ 2.40 range is a major resistance area in short term.

XRP (XRP) To reach $ 2.20 on June 28, it has increased by about 6.50% in the last 24 hours, its advantage is inspired by this news. Ripple left his cross-appeal Against the US Securities and Exchange Commission (SEC).

Benefits are part of a broad consolidation cycle after November 575% value of XRP.

Can the price of XRP be higher than the current levels? Let’s investigate.

XRP symmetrical triangles indicate at ~ 75% rally

XRP has formed a textbook Symmetric triangle pattern Since topping near $ 3.40 in February. This structure marked by converting the trendline indicates a steps of a continuity after a strong pre -trend – in this case, rapidly.

By June 28, the XRP was testing the triangle upper trendline for a possible breakout. The 50-day exponential moving average (50-day EMA; Red Wave) near $ 2.20 is acting as additional resistance.

The resistance can send a price rally towards the inverted target of a triangle of approximately $ 3.81, up to 75% from the existing price levels by July to July by July.

XRP whale accumulation adds fuel to breakout the thesis

The technical setup aligns with increasing signals of smart money accumulation.

90-day moving average whale flow of XRP Positive flipped in early May, a long -term distribution was abolished which extended from January to April, according to the Cryptoctive.

Shift suggests that large holders have been in position for a major step recently, which supports historical data trend.

For example, similar accumulation activity began in August 2024 and the fourth quarter took place before the XRP’s 420% rally. By June 28, these flows have crossed the 2024 levels, indicating new confidence between the whale.

The XRP can chart the new high level by the end of 2025, the potentially the rapid brakeout of the symmetric triangle can validate the target, if the onchain pattern is kept.

XRP liquidation indicates heatmap $ 2.34-2.40

Benance XRP/USDT Writing Heatmap Highlights $ 2.34- $ 2.40 range as a major resistance region, with a cluster over more than $ 525 million in potential liquidity.

These areas often act as value magnets, in which dense liquidity affects the direction of the market.

The XRP came close to testing the lower range of this limit in June but faced rejection.

Connected: Three signs that will break the price of XRP soon after 4 months of consolidation

A decisive step above $ 2.34 can flip the script, trigger a small squeeze that forces liquidation and leads the price to $ 2.40, possibly set the platform for further further.

There are no investment advice or recommendations in this article. Each investment and business move include risk, and readers should conduct their own research while taking decisions.