XRP Price Movement: Symmetric Triangle and Regulatory Outlook Shape Future Trends

XRP’s recent price action has captivated market analysts, particularly due to the formation of a symmetric triangle pattern in its charts. This suggests that a significant breakout could occur soon, either upwards or downwards, according to technical analysis enthusiasts. Traders are closely monitoring support and resistance levels at the triangle’s peak and base. Meanwhile, key regulatory developments, such as the upcoming US Congress digital assets session on April 9th, are expected to have a substantial impact on investor sentiment.