After days of consolidation around the $1.40 level, XRP may be approaching a decisive moment as technical indicators point to a potential breakout. In this regard, insights by cryptocurrency trading expert Ali Martinez in an X post on March 14 noted that the digital asset has been consolidating inside a symmetrical triangle pattern. This formation typically precedes a strong directional move once price escapes the narrowing range. The triangle’s upper boundary slopes down from about $1.70, forming lower highs, while the lower boundary rises from roughly $1.28, creating higher lows. This tightening range reflects declining volatility as buyers and sellers reach equilibrium, often signaling an impending breakout. XRP price analysis chart. Source: Ali_charts Notably, the pattern formed after XRP dropped more than 30%, with the asset then moving sideways while repeatedly testing both support and resistance. Each rejection has further compressed the range, bringing the price closer to the triangle’s apex, where a breakout becomes more likely. What next for XRP price In this case, a decisive break above resistance or below support could trigger a move of about 30%. A bullish breakout above the descending resistance near $1.45 could send XRP toward the $1.75–$1.80 range, while a drop below support around $1.34 may lead to a similar move to the downside. Meanwhile, XRP has shown some movement in the past 24 hours in line with broader cryptocurrency market sentiment. Despite the short-term positive shift, the asset remains well below its late-2025 peak of around $3.65, down roughly 62% from that high, reflecting broader caution in the crypto market. Year-to-date performance remains negative, with some analysts noting declining March returns in recent years and warning of potential dips toward the $1.11–$1.30 range if demand weakens. On the fundamentals side, the XRP Ledger continues to see record activity, with daily payments hitting 2.7 million, automated market maker (AMM) pools rising to nearly 27,000, and tokenized asset values increasing sharply. Ripple’s ongoing expansions, including treasury management acquisitions and stablecoin integrations, support long-term optimism for enterprise adoption. However, analysts note that many of these developments rely on Ripple’s infrastructure rather than directly driving demand for the XRP token, contributing to the disconnect between ledger growth and price performance. XRP price analysis By press time, XRP was trading at $1.40, down about 1.5% in the past 24 hours, while still up more than 2% on the weekly timeframe. XRP seven-day price chart. Source: Finbold As things stand, market participants are now watching whether XRP can hold the $1.39–$1.40 zone as support, which could open a path toward $1.44–$1.50 or higher if broader crypto sentiment improves. A failure to maintain momentum could lead to retests of lower support levels. Featured image via Shutterstock The post Here’s why XRP is set for a major 30% move appeared first on Finbold .
