Can XRP Break Out of Its Triangle Above $1.54?
Analyst Ali Martinez says an hourly close above $1.54 could lift XRP about 10%, but heavier Binance supply and $1.70 resistance may limit gains.
- Crypto analyst Ali Martinez, known as Ali Charts, identified a symmetrical triangle on XRP's hourly chart, suggesting an hourly close above $1.54 could trigger a 10% price increase.
- Trading around $1.48 on October 3, XRP faces mounting downward pressure as supply increases on Binance, with holdings there dropping 20% since November 2024 into active trading wallets.
- Even if XRP surpasses $1.54, it faces resistance at $1.70 where sellers previously halted gains; conversely, a fall below $1.40 could signal a downside break toward the mid-August low near $1.00.
- Evernorth plans to list shares on Nasdaq on October 8 with about 473 million XRP valued at roughly $700 million, though the listing will not generate new buying pressure since it already holds the tokens.
- While some investors believe XRP could reach $10 within a few years, predictions from earlier this year suggested $2.80 by year-end, though reaching either target appears unlikely given current market headwinds.
12 Articles
12 Articles
XRP News Today: Chart Points To $11 Long Term, But $1.66 Must Break First
The post XRP News Today: Chart Points To $11 Long Term, But $1.66 Must Break First appeared first on Coinpedia Fintech News XRP’s chart still allows for an upside breakout, but the token has to clear two nearby price levels first. An analyst sees a target zone between $2.14 and $2.99 if buyers regain control. Where XRP stands now XRP rallied strongly after its August low near $0.985 and bounced again from a low on September 14 …
The XRP price is currently stuck at $1.5009 as of Sunday; the token has been moving within a narrow range between $1.48 and $1.51 for the past few sessions. On the four-hour chart, the band is symmetrical...
Ali Charts Says XRP Targets $1.62 As Price Nears Major Triangle Breakout
XRP is consolidating within a tightening triangle as traders watch for a decisive breakout. Analyst Ali Charts identifies $1.53 as the key level, with a confirmed 4-hour close above it potentially pushing XRP toward the $1.62 target.
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Cryptocurrency News | Cryptocurrency Prices | Market CapXRP Price Analysis October 4, 2026: XRP Holds $1.48 as $2 Breakout Looms
XRP is trading around $1.48 to $1.50 on October 4, with its latest recovery losing momentum beneath the $1.54 resistance level. Trading volume has also ...
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