XRP forms a symmetrical triangle, signaling a potential breakout.
SEC case resolution could drive XRP beyond $3.20 in 2025.
Ripple’s stablecoin and XRPL upgrades fuel investor optimism.
As XRP consolidates within a symmetrical triangle, investors remain optimistic for a breakout fueled by bullish catalysts, including regulatory clarity, XRPL tech upgrades, among many.
Some $XRP holders are crying about consolidation, when it's obviously forming a symmetrical triangle (bullish).
Breakout to $3.20-$4 will come out of nowhere. 
#XRP pic.twitter.com/wAdPznO1aL
— Armando Pantoja (@_TallGuyTycoon) December 29, 2024
Technical analysts believe a breakout from this pattern could propel XRP to between $3.20 and $4, as seen in the chart above.
Despite the recent price consolidation, active addresses on the XRP Ledger have increased dramatically. Data from STEPH IS CRYPTO shows a 550% surge in active addresses from July 2024 to December 2024, indicating a significant rise in network activity.
From just 8,500 active addresses in July 2024 to over 47,000 today
#XRP Ledger activity is exploding! pic.twitter.com/yFfiow35d5
— STEPH IS CRYPTO (@Steph_iscrypto) D…
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