XRP is back above $1.42 and traders are starting to focus on a chart pattern that sent XRP up 66% in less than two weeks during its 2025 breakout.
News context
• Analysts reported a repeat fractal of the XRP chart 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 the price jumps sharply, then moves sideways or slightly downward for a period of time before potentially moving up again. Traders generally see this as a pause in momentum rather than a complete reversal.
• Current price action again shows XRP breaking out of a bullish flag while the 20 and 50 day moving averages are approaching a bullish crossover.
• Some traders now view holding above $1.40 as critical, with the level acting as both psychological support and the upper limit of the recent flag structure.
Price Action Summary
• XRP rose from $1.4011 to $1.4184, extending its weekly gain to nearly 9%.
• A volume spike of 74.6 million at 1:00 p.m. pushed the price to $1.4207 before the momentum cooled and turned into consolidation.
• The token spent the last few hours stabilizing between $1.417 and $1.420 after repeated tests of the $1.422 resistance zone.
Technical analysis
• XRP continues to build higher lows, keeping the short-term bullish structure above $1.40 intact.
• Repeated tests near $1.42 are important as resistance weakens each time sellers fail to force a deeper rejection.
• Liquidity on Binance has fallen to its lowest level since 2020, which historically creates conditions ripe for outsized moves once ranges finally break.
• The broader pattern resembles the 2025 breakout structure in which XRP compressed for weeks before accelerating sharply.
What traders should watch out for
• $1.42 remains the key breakout level. A sharp move above opens the way towards $1.47-$1.50.
• Holding above $1.40 is equally important, as failed breakouts often turn into quick reversals once momentum fades.
• If the range ultimately resolves to the downside, $1.34 to $1.37 will become the first major support zone for traders to watch.
