XRP [Photo: Shutterstock]

XRP is testing a break above a key resistance line around $1.43.

BeInCrypto reported on April 24 that technical signals suggesting a potential upside breakout are appearing simultaneously on the weekly, daily and four-hour charts.

The most notable point is the four-hour chart. On Binance’s XRP/USDT chart, a cup-and-handle pattern is forming. If it breaks above the $1.50 neckline, the target is calculated at $1.6933. That would open room for about an additional 18 percent upside from current levels. If the $1.30 support breaks before a breakout, the pattern would be invalidated.

The bullish structure is clearer on higher time frames. On the weekly chart, XRP is rebounding near the lower support line of an ascending parallel channel on a logarithmic scale. This rebound came after a third test of that support line, and strong gains followed from similar levels in 2017 and in mid-2024. A weekly golden cross has also been confirmed, lending weight to a medium- to long-term bullish scenario.

Crypto analyst XrpUdate viewed the structure as indicating XRP could head toward the channel’s midline, in the $30 range. In another comment, it said, "XRP confirmed a golden cross," adding that after years of moving sideways it is preparing to enter an expansion phase, and that the structure shows a strong additional upside trend.

Volatility compression is continuing on short-term charts. On a daily basis, XRP is holding at the 0.236 Fibonacci retracement level at $1.42. Support was presented at $1.30, with resistance at $1.53. The Fibonacci level is based on the January peak of $2.42.

Volatility indicators also support the possibility of an expansion in direction. The Bollinger Band width percentile has fallen to near zero, a pattern presented as having appeared in the past ahead of sharp moves either up or down. Lower trading volume in April also aligns with an accumulation phase in which the market quietly absorbs supply. That is interpreted as a period when long-term holders absorb supply ahead of inflows from retail investors.

The momentum indicator RSI is also compressed. The daily RSI has been forming a contracting triangle since July 2025, with the current reading around 55. It sits in a neutral zone close to the midpoint of the apex, and a move above 60 could be read as a signal of a shift to upward momentum. A drop below 45 would be a signal warning of the possibility of further declines. The four-hour RSI is also hovering near 50, and an assessment said it is closer to a late-stage accumulation phase than overheating.

The near-term focus narrows to whether XRP breaks above $1.50 and whether it defends $1.30. If it rises above $1.50, the cup-and-handle target in the $1.69 range could open. If $1.30 breaks ahead of an upside move, the bullish alignment across the weekly, daily and four-hour charts could be shaken. As a result, XRP’s next direction depends on when, and to which side, it breaks out of the tightened volatility range.

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#XRP #Binance #BeInCrypto #XrpUdate #RSI
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