XRP Price Structure Points To One Final Shakeout Before A Possible Surge
By Scott Matherson
Read original article on NewsBTCXRP is in a compression phase, and technical analysis indicates that the price action may be approaching a point where patience turns into panic before direction finally becomes clear. XRP’s chart setup is filled with uncertainty, but there’s one critical support level that could decide XRP’s next move and another price level it needs to overcome for bullish confirmation. Related Reading: Bitcoin Bull Thesis Goes Big: 39 Trillion Reasons To Buy, Says Gemini Founder XRP’s Descending Broadening Wedge Pattern XRP’s price action has been on a downward path of lower highs since the beginning of the year, and this extends to a correction since its July 2025 peak at $3.65. This price action, according to technical analysis done by popular crypto analyst Egrag Crypto, has led to the formation of a descending broadening wedge on XRP’s higher-timeframe chart. A descending broadening w
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