The trading idea for XRP suggests that the Relative Strength Index (RSI) is currently in a neutral position, indicating that neither buyers nor sellers have taken complete control of the market momentum at this time. Additionally, the price is forming a symmetrical triangle pattern on the chart, which is often considered a sign of potential volatility ahead as the price consolidates within this pattern. A breakout above the key support level at $3.30 could signify a bullish trend, prompting traders to consider a long position in anticipation of upward price movement. Conversely, if the price fails to break above this level, it may indicate a potential downward movement, warranting caution among traders.
source: https://www.coindesk.com/markets/2025/09/03/xrp-trading-idea-neutral-rsi-and-symmetrical-triangle-support-usd3-30-breakout