币界网报道:XRP is showing signs of a potential major price movement as key technical indicators suggest an imminent breakout. Analysts note the cryptocurrency has been consolidating within a tight range, forming a symmetrical triangle pattern that typically precedes significant volatility. The asset's recent bounce from the $0.50 support level and rising trading volume indicate growing buyer interest. Market observers highlight that a decisive close above $0.55 could trigger a bullish scenario, potentially pushing XRP toward $0.70 resistance. However, failure to maintain current levels might see a retest of lower supports near $0.48. The upcoming decision in Ripple's ongoing SEC lawsuit remains a critical fundamental factor that could amplify price movements in either direction. Traders are closely watching these technical developments while awaiting regulatory clarity that could significantly impact XRP's market trajectory.