26% XRP Move Incoming? Key Breakout Levels to Watch

26% XRP Move Incoming? Key Breakout Levels to Watch

Source: UToday

Published:2026-05-02 13:50

BTC Price:$78343.9

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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. According to Alicharts, XRP , the fourth-largest cryptocurrency by market capitalization, might be getting ready for a breakout. Advertisement In a recent tweet, Ali highlighted that XRP is currently consolidating within a well-defined symmetrical triangle on the daily chart. As the price moves closer to the apex, the market energy is coiling, suggesting that a major shift in volatility might be approaching. Based on the height of the formation, a decisive breakout could result in a 26% price move, which might be in either direction, given that triangles are neutral patterns. HOT Stories CLARITY Act Finalized: What It Means for Crypto XRP's Mini-Death Cross Hints at Dive Down, Shiba Inu (SHIB) Breakout Looks Bleak, Is Ethereum's (ETH) $2,000 Saved? Crypto Market Review Ali highlighted key levels for traders to watch as XRP price awaits a major move. He pointed to the range between $1.35 support and $1.45 resistance as a no-trade zone. This is because trading here often leads to being caught in fake-outs. Advertisement $XRP is getting ready for a breakout! XRP is currently consolidating within a well-defined symmetrical triangle on the daily chart. As the price moves closer to the apex, market energy is coiling, signaling that a significant shift in volatility is approaching. By measuring the… pic.twitter.com/77YTlE5Y5t — Ali Charts (@alicharts) May 2, 2026 Traders can wait for a confirmed daily close outside of this range, as a close above $1.45 will target the $1.82 level, while a close below $1.35 might eye the $1 level. You Might Also Like Fri, 04/24/2026 - 13:07 XRP Awaits Key Updates, What's Coming Ahead By Tomiwabold Olajide Advertisement XRP might eye a 26% move once its price makes a daily close beyond the $1.35 and $1.45 range. XRP faces impending price move In a similar vein, CryptoQuant sees an impending rally brewing for XRP , citing an increasing gap between the leverage ratio and price. Often, an aggressive move follows such increasing divergence. You Might Also Like Thu, 04/30/2026 - 10:46 XRP Sentiment Hits 2-Year High Following Rakuten Pay Integration By Caroline Amosun The current setup suggests the leverage ratio is clearly low and moving sideways. In this case, leverage has been flushed out and speculative excess reduced, yet the price hasn't fully crashed. This implies that when new long-side leverage starts to build, the price reaction is likely to be stronger than usual. With such a clear gap, the market seems to be calm but is actually in a phase of building potential energy. If the ratio begins to increase, it may not just lead to a price rise, but a rapid, squeeze-driven move. Periods like this typically don't result in slow climbs; they tend to produce sudden and major price surges. #XRP News #XRP #XRP Price Prediction