Can XRP Break Out of Its Triangle Above $1.54?

XRP is coiling inside a symmetrical triangle while fresh selling pressure builds on Binance and a 473 million XRP corporate listing looms on the calendar. The next hourly candle could settle the question of whether bulls or bears control the…

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Crypto analyst Ali Martinez, known as Ali Charts, has observed that XRP (CRYPTO:XRP) is forming a symmetrical triangle on its hourly chart. He suggests that an hourly close above $1.54 could lead to a price increase of about 10%. This prediction, posted on September 30, 2026, has left XRP holders wondering which way the triangle will break.

As of October 3, XRP is trading around $1.48, down approximately 4% in the past 24 hours and about 4% over the last week. This performance is the weakest among the four major cryptocurrencies. XRP now needs to climb 4% to reach the critical breakout point Ali identified.

XRP’s Symmetrical Triangle Signals a Move but Not Its Direction

A symmetrical triangle forms when a cryptocurrency makes lower highs and higher lows at the same time. Traders draw lines connecting the peaks and lows, creating a shape that narrows over time.