{"id":36900,"date":"2026-02-27T08:00:07","date_gmt":"2026-02-27T08:00:07","guid":{"rendered":"https:\/\/cryptomag.finance\/?p=36900"},"modified":"2026-02-27T08:00:07","modified_gmt":"2026-02-27T08:00:07","slug":"xrp-triangle-could-point-to-support-between-0-60-and-0-90","status":"publish","type":"post","link":"https:\/\/cryptomag.finance\/?p=36900","title":{"rendered":"XRP Triangle Could Point To Support Between $0.60 And $0.90"},"content":{"rendered":"

A cryptocurrency analyst has pointed out how support could lie between the $0.60 and $0.90 levels for XRP, based on this technical analysis (TA) pattern.<\/p>\n

XRP Could Be Moving Inside An Ascending Triangle<\/h2>\n

In a new post<\/a> on X, analyst Ali Martinez has shared a TA pattern forming in the monthly price chart of XRP. The pattern in question is an Ascending Triangle<\/a>, which is a type of triangle. Triangles form whenever an asset\u2019s price trades between two converging trendlines, with the upper level acting as a source of resistance, while the lower one that of support.<\/p>\n

The main characteristic of an Ascending Triangle is that the upper line is parallel to the time-axis. This means that as the asset travels through the channel, its consolidation range shrinks to an upside.<\/p>\n

Generally, breaks out of a triangle can imply the start of a sustained move. A surge above the resistance can be a bullish sign, while a drop under the support a bearish one. In Ascending Triangles, the upward bias suggests that a breakout may be more probable to occur in the up direction.<\/p>\n

Similar to the Ascending Triangle, there is also a pattern called the Descending Triangle<\/a> in TA. This channel works much in the same way, with the key difference being that the bottom level is the one parallel to the time-axis instead. Thus, as the price moves through this pattern, its range shrinks down.<\/p>\n

Now, here is the chart shared by Martinez that shows the Ascending Triangle that the 1-month price of XRP has been stuck inside over the past few years:<\/p>\n

\"XRP<\/p>\n

As displayed in the above graph, the monthly XRP price retested the upper ceiling of the Ascending Triangle last year, but it ended up finding rejection. The coin has since witnessed a significant drawdown.<\/p>\n

Currently, it\u2019s unclear whether the bearish momentum in the cryptocurrency will advance further, but in the event that it does, a retest of the lower level might occur. \u201cXRP could find support along the triangle\u2019s hypotenuse between $0.90 and $0.60,\u201d explained the analyst. This line has so far acted as a cushion for XRP a few times, including during the lows of the bear market<\/a>.<\/p>\n

It now remains to be seen if the asset will retest the support line in the near future or if it will find a rebound before one can occur.<\/p>\n

XRP Price<\/h2>\n

At the time of writing, XRP is trading around $1.4, down nearly 5% over the last 24 hours.<\/p>\n

\"XRP<\/p>","protected":false},"excerpt":{"rendered":"

A cryptocurrency analyst has pointed out how support could lie between the $0.60 and $0.90 levels for XRP, based on this technical analysis (TA) pattern. XRP Could Be Moving Inside An Ascending Triangle In a new post on X, analyst Ali Martinez has shared a TA pattern forming in the monthly price chart of XRP. […]<\/p>\n","protected":false},"author":1,"featured_media":36901,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[51],"tags":[],"class_list":{"0":"post-36900","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-xrp"},"yoast_head":"\nXRP Triangle Could Point To Support Between $0.60 And $0.90 - Cryptomag<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptomag.finance\/?p=36900\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"XRP Triangle Could Point To Support Between $0.60 And $0.90 - Cryptomag\" \/>\n<meta property=\"og:description\" content=\"A cryptocurrency analyst has pointed out how support could lie between the $0.60 and $0.90 levels for XRP, based on this technical analysis (TA) pattern. 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