XRP price eyes symmetrical triangle breakout as stablecoin supply jumps

XRP price gained nearly 4% to reach $1.39 as it approaches a potential breakout from a symmetrical triangle pattern. The technical setup suggests possible sustained gains if the breakout occurs, with additional support from increasing stablecoin supply metrics.

• →XRP price rose nearly 4% to an intraday high of $1.39.
• →The cryptocurrency is forming a symmetrical triangle pattern indicating potential breakout.
• →Stablecoin supply metrics show positive growth trends supporting bullish sentiment.
• →Technical analysis suggests sustained gains could follow a successful breakout.
• →The symmetrical triangle pattern represents a critical decision point for XRP's price direction.