XRP is back above $1.42, with traders beginning to focus on the 2025 chart setup as XRP surges 66% in less than two weeks.
news background
• Analysts note that the XRP chart fractal is repeating from 2025, when a breakout of a multi-week bull flag sparked a rally to all-time highs above $3.
• A bull flag is a pattern in which prices rise sharply, then move sideways or move slightly lower for a period of time, before possibly breaking higher again. Traders typically view this as a pause in momentum rather than a full reversal.
• Current price action once again shows XRP breaking out of a bull flag, while the 20- and 50-day moving averages are close to a bullish crossover.
• Some traders now believe it is crucial to stay above $1.40, a level that serves as both psychological support and the upper limit of a recent flag formation.
Price trend summary
• XRP climbed from $1.4011 to $1.4184, extending its weekly gain to nearly 9%.
• Volume surged by $74.6 million at 13:00, pushing the price to $1.4207 before momentum cooled and entered consolidation.
• After repeatedly testing the $1.422 resistance zone, the coin settled between $1.417-$1.420 in the last hours.
technical analysis
• XRP continues to make higher lows, keeping the short-term bullish structure above $1.40.
• Repeated tests around $1.42 are important as resistance weakens every time sellers fail to force deeper rejection.
• Binance’s liquidity has dropped to its lowest levels since 2020, which historically would set the stage for significant volatility once the range finally breaks out.
• The broader setup resembles a 2025 breakout structure, where XRP compressed for a few weeks before sharply accelerating higher.
What traders should pay attention to
• $1.42 remains a key breakout level. A clean break above this level would open the way to $1.47-$1.50.
• Staying above $1.40 is equally important, as failed breakouts often turn into quick reversals once momentum fades.
• If this range eventually moves lower, $1.34-$1.37 will become the first major support area traders will focus on.