Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
XRP and HBAR Tighten in Falling Wedges as Traders Eye Breakout Targets

XRP and HBAR Tighten in Falling Wedges as Traders Eye Breakout Targets

CryptonewslandCryptonewsland2025/09/06 22:55
By:by Vee Peninah
  • XRP trades at $2.81 with support at $2.80 and resistance capped at $2.88.
  • HBAR holds $0.2164 with support at $0.2156 and resistance at $0.2237.
  • Both assets show falling wedge patterns with Fibonacci targets extending to higher levels.

XRP and Hedera (HBAR) are showing contracting structures on the daily timeframe, with both assets trading within defined support and resistance levels. XRP holds at $2.81 after gaining 0.8% over the past week , while HBAR trades at $0.2164, reflecting a 2.9% daily decline. Chart analysis indicates falling wedge formations for both, with potential targets aligned to Fibonacci extensions. Pressure in liquidity zones also highlights the next significant price levels now in focus.

XRP and HBAR Form Falling Wedges as Key Fibonacci Targets Come Into Focus

XRP trades in a narrow range between support at $2.80 and resistance at $2.88. The chart displays a falling wedge, bounded by descending resistance and a gradually rising lower boundary. Fibonacci projections highlight three upside levels, marked at $3.60, $4.00, and $4.65. In addition, liquidity heatmaps show pressure forming under clustered orders, with the next major level identified at $5.42. This provides traders with clear technical markers as price consolidates.

$XRP AND $HBAR BREAKOUT IMMINENT!!! 👇 pic.twitter.com/uJ6jLWQSIj

— STEPH IS CRYPTO (@Steph_iscrypto) September 6, 2025

Hedera maintains support at $0.2156 while facing resistance at $0.2237. The structure also presents a falling wedge, with the compression forming over recent months. Technical projections outline potential Fibonacci targets at $0.296, $0.336, and $0.401. However, the price remains confined between support and resistance, reflecting a limited trading range. Daily price action has tightened, reducing volatility as the pattern continues to mature on the chart.

XRP and HBAR Approach Apex Points as Wedge Patterns Signal Imminent Breakouts

Both XRP and HBAR share similar wedge structures, reflecting parallel compression phases across the two assets. Notably, each has retraced after mid-year highs and now consolidates within narrowing formations. The charts highlight critical levels where buying or selling momentum could drive movement.  Emphasizes

💥 BREAKING: #XRP PRESSURE IS BUILDING UNDER THICK LIQUIDITY CLUSTERS.

NEXT MAJOR LEVEL: $5.42. pic.twitter.com/mN9DpPgbpm

— STEPH IS CRYPTO (@Steph_iscrypto) September 6, 2025

XRP’s liquidity map further concentrated clusters, suggesting strong market interest around visible order zones. HBAR, while showing a comparable wedge, remains more subdued in volume trends but continues to hold its near-term support. These aligned technical setups mark a significant moment for both assets as they approach apex points in their respective formations.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Paxos proposes to back Hyperliquid’s new USDH stablecoin

Share link:In this post: Paxos has submitted a proposal to support Hyperliquid’s launch of the USDH stablecoin on its platform. The company plans to use 95% of the interest generated by its reserves backing USDH to repurchase HYPE and redistribute it back to ecosystem initiatives. Paxos Labs has also acquired Molecular Labs in a bid to accelerate stablecoin adoption in the Hyperliquid ecosystem.

Cryptopolitan2025/09/07 15:00

Crypto sentiment moves into fear terriroty as traders weigh next moves

Share link:In this post: Crypto sentiment has moved into the fear region as investors are now holding off from taking more risks. Santiment has highlighted the focus on larger-cap tokens, noting that traders are presently not open to risks. Analysts and traders question the near-term direction of some of these major assets.

Cryptopolitan2025/09/07 15:00
Crypto sentiment moves into fear terriroty as traders weigh next moves

Is XRP about to break through $3?

XRP is currently fluctuating within a narrow range around $2.80, but with the Federal Reserve almost certain to cut interest rates this month, volatility is about to return.

Cryptoticker2025/09/07 12:36
Is XRP about to break through $3?

Top 3 Altcoins Worth Buying in September 2025

The crypto market is in a stagnant state, but bitcoin's stability and the altcoin season index indicate opportunities. Here are the top three altcoins worth buying right now.

Cryptoticker2025/09/07 12:36