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XRP shows bullish breakout potential from a descending triangle near $1.25 support level.

Technical Signals
27 Oct 2026, 03:30 WIB
Tokenpost
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Bullish
XRP shows bullish breakout potential from a descending triangle near $1.25 support level.

XRP's price chart indicates a bullish setup with a descending triangle pattern, where falling resistance is nearing a horizontal support around $1.24636. Analyst JackTheRippler highlighted this pattern, suggesting XRP is poised for a breakout and a potential price increase. However, no specific breakout date or price target was provided. Previous coverage noted a risk of XRP dropping to $0.80 if it falls below the $1.25 support level, making this support area crucial for traders to watch.

As of Oct 27, 2026 07:51 WIB, XRP trades at Rp23.697 on Pluang, showing a 1.30% increase over the past day. The token has a circulating supply of 63.4 billion XRP, representing 64% of its total supply, with a market cap of Rp1.488,95 trillion. Despite the bullish setup noted in the news, Pluang data shows that 84% of order activity is currently selling, with an average holding period of 72 days.

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