XRP Coils At $3—This Pattern Will Decide If $3.30 Or $2.65 Is Coming Next

XRP (CRYPTO: XRP) is holding steady around $3 on Monday, with technical analysis showing a significant move may be imminent.

XRP Coils At $3 Apex As Triangle Breakout Looms

XRP is pressing against both the apex of a symmetrical triangle and the $3.08 Fibonacci 0.382 retracement level.

XRP Price Dynamics (Source: TradingView)

The daily chart shows XRP price compressing inside a multi-month symmetrical triangle.

The upper descending trendline has capped rallies since mid-August, while an ascending base from June has held as support. 

XRP price action has now funneled into a decisive zone near $3.

A clean break above $3.08 would invalidate the …

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