Ripple coin (XRP) just restored the $3 confluent resistance level that has been on-watch for quite some time. The popular altcoin dwindled below this line on September, 21, 2025, as geopolitical tensions brought in a considerable amount of uncertainty.
XRP Coils In Triangle, Crypto Hedges Against USD
Surely, the United States government shutdown has played a huge part in the rebound rally this week, kicking off ‘Uptober’ with a positive attitude. The historically-bullish month for most crypto currencies comes at a time when investors are boosting their portfolios with crypto as a hedge against the weakened U.S. dollar.
Ripple’s (XRP) price caught the bullish impulse and now is looking to break-out from a triangle pattern known as the falling wedge brings new opportunities. In crypto, this converging triangle measures the distance the altcoin can go in the next bull run, employing historical data-driven Fibonacci Retracement levels.
XRP Price Sets Sights On $3.60 If This Level Holds
As pointed out today by crypto analyst Ali Martinez, $3.65 is most likely the next target if the OG altcoin sustains above $3. Notably, this falls just 5 cents below with the all-time high (ATH), inked two months ago.
The earlier breakthrough was fueled with multiple positive regulatory decisions, including the settlement of Ripple vs. SEC case & the smooth clearing of Genius & Clarity Acts.
On the other hand, the recent findings of SEC being short-handed & even unable to hold press conferences raises the question if any of those 11 Ripple-based ETFs are getting settled anytime soon. Despite ending the legal lawsuit with the United States Securities and Exchange Commission (SEC) on good terms & paying a $50 million fine, the legal battles don’t stop there, as ETF submissions might drag on through 2026 unless the U.S. government parties agree to a compromise.
Discover DailyCoin’s top crypto currency news:
Polymarket Prepares U.S. Return After Securing CFTC Approval
Pi Network’s DeFi Beast Awakens: DEX & AMM Reinforce Pi Coin
People Also Ask:
Ali Martinez identifies a symmetrical triangle pattern on the daily chart, formed by a descending upper trendline since August and horizontal support around $2.70–$2.80, signaling compression after two months of consolidation.
Ripple’s native crypto must break above the bullish wedge triangle’s upper resistance at $3.10–$3.20 on high volume, with a weekly close above $3 validating the setup and reducing the risk of a false move.
Martinez targets $3.60 as the initial upside, aligning with the 0.236 Fibonacci extension from the pattern’s height, potentially marking a 25–30% rally from current levels near $2.86.
A downside break below $2.75 support could lead to a bearish resolution, targeting $2.00 and invalidating the bullish case, as seen in typical symmetrical triangle failures.
Historically, October has been strong for XRP, with above-average gains; combined with the triangle’s volatility compression, it sets up for a decisive directional move, per Martinez’s analysis.
