XRP Finally Breaks $1.40 Mark: Is XRP Finally Bullish?

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. XRP not losing touch with market Momentum finally healing Advertisement For the first time since March, XRP has successfully broken above the $1.40 mark. Although it appears to be a significant change on the surface, the situation is more complicated when considering the broader context. XRP not losing touch with market For months, the price has been trapped in a prolonged downward trend, with persistent lower highs and strong moving average resistance. That structure has not yet completely vanished. Nonetheless, the first indications of structural improvement are being seen in recent price action. With the help of an ascending trendline, XRP has been hitting higher lows and is currently trying to gain momentum above short-term resistance. The move above $1.40 is significant because it signifies a local breakout from compression rather than merely a chance spike. XRP has been trading in a narrow range for weeks and has consistently failed to return to this level. If it is broken, there may be less pressure to sell in the near future. HOT Stories Hayes Questions If Bitcoin Bottom Is In Bitcoin's Failed $75,000 Entry: What's Next? XRP's Silent Uptrend Originates, Zcash (ZEC) Adds 166% in Key Flow Metric: Crypto Market Review XRP/USDT Chart by TradingView Additionally, the asset continues to trade below important dynamic resistance. Both the 50-day and 100-day moving averages are still above and continue to decline. This suggests that XRP is still functioning within a more general bearish framework, despite the breakout. Advertisement Momentum finally healing The momentum indicators are improving. As buying pressure increases, the RSI has risen above midrange levels and is currently trending upward. During the breakout, volume has also increased somewhat, though not to levels usually linked to significant trend reversals. You Might Also Like Thu, 04/16/2026 - 05:45 Hayes Questions If Bitcoin Bottom Is In By Alex Dovbnya Sustainability is currently the most important question. If XRP can hold above $1.40 and consolidate, the next logical target is in the $1.50-$1.55 range, where stronger resistance begins, but in case of a breakout, fresh inflows should cover XRP and fuel a rally toward $2. Advertisement If this level is not maintained, there will probably be a swift return to the prior range, which would support the notion that this was a transient breakout rather than a structural shift. XRP is currently undergoing a transition, but it has not completely changed. Although the break of $1.40 is a positive development, the general trend has not yet reversed. #XRP #Spot XRP ETF