XRP's 9-Year Triangle Still Waiting for Its Moment at $1.32

$XRP continues to trade within a familiar holding pattern as analysts keep one eye on short-term weakness and another on a multi-year structure that refuses to budge. At the time of writing, $XRP was sitting at $1.32, down 4.57% over the past month after touching a mid-March high near $1.60. The pullback has played out in a sequence of lower highs and dips, with price finding temporary footing around $1.40, dipping to $1.28, and bouncing slightly. This quiet action came alongside a 0.57% drop in market cap to $81.41 billion and a 9.57% decline in 24-hour trading volume to $1.78 billion—suggesting the crowd has lost some enthusiasm for the time being.

The Nine-Year Triangle Plot Thickens

According to data from analyst Ali Charts, a long-term ascending triangle has been taking shape over roughly nine years on the monthly timeframe. The setup features repeated rejections near horizontal resistance around $3.30, while a rising trendline keeps carving out higher lows from earlier cycles. Following the latest rejection in August 2025, the chart points toward a possible pullback toward the ascending support zone between $0.75 and $1.35—roughly where current price action is loitering. Also marked: historical support near $0.16 and a long-term target stretching toward $8.50, representing the pattern's full range.

History Rhymes, Again

A separate chart from analyst Aynur highlights that $XRP's price action follows a series of repeating cycles from 2018 to 2026. Each phase has basically been: pump, then a long nap. In the earlier cycle, $XRP surged above $3.50 before crashing and consolidating below $1.00 through 2019 and 2020. The next cycle showed a similar pattern—price climbed again before settling into a $0.30 to $1.00 range during 2022 to 2024. The most recent leg brought $XRP up to roughly $3.27–$3.30 before entering its current rest period. On the broader scale, current levels sit near $2.62, with nearby support around $1.92. Momentum indicators have cooled to 0.2317 and -0.1089, reflecting softer strength after the latest peak.

Liquidations Say the Bulls Are Crying

Beyond the charts, market data tells its own story. Over the past 24 hours, total liquidations came in at $1.16 million, with long positions accounting for $790.81K versus $365.59K in short liquidations. The breakdown suggests the bulls got the worse end of recent price moves. Shorter timeframes show declining activity: $444.36K in liquidations over 12 hours, $24.09K over four hours, and just $5.14K in the last hour—$5.02K of which were long positions. This points to continued short-term headwinds, though