XRP zooms above $1.40 on rising volume, putting focus on further breakout

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email XRP zooms above $1.40 on rising volume, putting focus on further breakout Sharp volume surge drives move through $1.40, meaning traders may now watch whether the level holds as support. By Shaurya Malwa May 4, 2026, 4:40 a.m. 1 min read Make preferred on What to know : XRP briefly reclaimed the $1.40 level in early Asia trading on a surge in volume, signaling stronger participation in the latest move. The token has broken out of the lower end of its recent $1.35 to $1.45 range and is consolidating just above the $1.40 breakout zone. Traders are watching whether XRP can hold above $1.40 and clear resistance at $1.41 to $1.42, with a drop back below $1.40 likely signaling a failed breakout. XRP moved back above $1.40 in early Asia hours on broader move in crypto markets, with the push through resistance coming on a sharp pickup in volume that tends to signal real positioning and shifts the focus to whether that level now holds on any pullback. News Background • Bitcoin pushed higher during the same window, helping lift broader risk sentiment across crypto markets. • XRP has been trading in a tight $1.35–$1.45 range, with the latest move marking another attempt to break out of that compression. Price Action Summary • XRP climbed from $1.3840 to $1.4065, breaking above resistance near $1.3990. • The move accelerated during the final hour, with price pushing cleanly through $1.40. • Price is now holding just above the breakout zone, consolidating near $1.4040–$1.4060. Technical Analysis • The key shift is the reclaim of $1.40, which had capped recent upside attempts. • Volume expanding into the move confirms participation rather than a low-liquidity push. • Structure shows higher lows into the breakout, suggesting underlying bid strength. • The broader range remains intact, but pressure is building toward a directional move. What traders should watch • $1.40 is now the pivot. Holding above it keeps the breakout intact. • $1.41–$1.42 is the next resistance zone that needs to clear for continuation. • A move back below $1.40 would signal the breakout failed and return price to the range. More For You Dogecoin jumps 4% to lead gains among majors as bitcoin zooms higher By Shaurya Malwa 5 minutes ago Sharp volume spike drives breakout through resistance, with price now testing whether the level flips to support. What to know : Dogecoin broke above the key $0.109 level in early Asia trading as bitcoin surged past $80,000, lifting broader crypto markets. The move came in a single high-volume burst from about $0.1075 to $0.1119, suggesting concentrated buying rather than gradual retail interest. Traders are watching whether $0.109 now holds as support,... Read full story Latest Crypto News Dogecoin jumps 4% to lead gains among majors as bitcoin zooms higher 5 minutes ago Bitcoin reclaims $80,000 as flows build, but traders hedge and doubt a breakout 14 minutes ago Morgan Stanley's Oldenburg: Bitcoin on U.S. bank balance sheets is coming, just not yet 4 hours ago Policy Summit and other things at Consensus 2026: State of Crypto 10 hours ago Crypto is at bottom of U.S. voters' priorities heading into elections, CoinDesk survey shows 14 hours ago Americans still prefer banks over crypto for financial access, CoinDesk's survey shows 14 hours ago Top Stories U.S. voters don't trust Trump administration to oversee crypto sector, CoinDesk poll finds 14 hours ago Crypto industry backs CLARITY Act yield compromise, pushes Senate Banking for markup May 2, 2026 The $292M crypto hack exposed DeFi's weak spots. Here’s what must change, insiders say May 2, 2026 Brazil's central bank bans stablecoin and crypto settlement in cross-border payments May 2, 2026 Clarity Act text lets crypto firms offer stablecoin rewards while shielding bank yield May 1, 2026 New Bitcoin quantum proposal offers Satoshi Nakamoto a way to prove control without moving BTC May 2, 2026