The price of the XRP cryptocurrency could be on the verge of a 16% move if the symmetrical triangle pattern ends up playing out.
The chart shows the pattern for XRP/TetherUS Perpetual Contract (XRP/USDT) on a one-hour timeframe.
$XRP is set up for a 16% move once it breaks out of this triangle. pic.twitter.com/Ym5wkactTj
— Ali (@ali_charts) December 8, 2025
Symmetrical Triangle Pattern
A symmetrical triangle is a continuation pattern in technical analysis. During such periods, the price tends to consolidate before continuing the prior trend, although it should be noted that it can also lead to a reversal.
It is formed by two converging trendlines: a downward-sloping upper resistance line and an upward-sloping lower support line.
The price action, depicted as a jagged black line, shows a period of decreasing volatility. The swings are becoming noticeably smaller, squeezing the price towards the apex of the triangle.
So far, the market is in a phase of indecision, meaning neither buyers nor sellers are able to take control.
If the price breaks out from the current price of $2.05, a 16% increase would project a target price of roughly $2.4.
XRP's Recent Performance Challenges
The launch of spot XRP exchange-traded funds, such as Canary Capital's XRPC, was a groundbreaking milestone for the XRP token.
This development drew significant institutional inflows that have already exceeded $900 million across multiple products.
Yet, this enthusiasm failed to translate into much-needed price recovery for XRP.
Aggressive selling from large holders threw a wrench in the works for the bulls, hindering upward momentum.
Furthermore, Bitcoin's plunge below $90,000 also triggered widespread deleveraging across altcoins, impacting XRP's price.
According to CoinGecko data, XRP is down 43% from its record peak, and it is currently down 0.5% on the year-to-date basis.