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Shaurya Malwa
5 months, 2 weeks ago

XRP price: What next as Ripple-linked token breaks above $1.40

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XRP moved back above $1.40 in early Asia hours on broader move in crypto markets, with the push through resistance coming on a sharp pickup in volume that tends to signal real positioning and shifts the focus to whether that level now holds on any pullback.

News Background

• Bitcoin pushed higher during the same window, helping lift broader risk sentiment across crypto markets.

• XRP has been trading in a tight $1.35–$1.45 range, with the latest move marking another attempt to break out of that compression.

Price Action Summary

• XRP climbed from $1.3840 to $1.4065, breaking above resistance near $1.3990.

• The move accelerated during the final hour, with price pushing cleanly through $1.40.

• Price is now holding just above the breakout zone, consolidating near $1.4040–$1.4060.

Technical Analysis

• The key shift is the reclaim of $1.40, which had capped recent upside attempts.

• Volume expanding into the move confirms participation rather than a low-liquidity push.

• Structure shows higher lows into the breakout, suggesting underlying bid strength.

• The broader range remains intact, but pressure is building toward a directional move.

What traders should watch

• $1.40 is now the pivot. Holding above it keeps the breakout intact.

• $1.41–$1.42 is the next resistance zone that needs to clear for continuation.

• A move back below $1.40 would signal the breakout failed and return price to the range.
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