XRP above $1.42 as traders watch 2025 breakout pattern that led to 66% rally

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email XRP above $1.42 as traders watch 2025 breakout pattern that led to 66% rally Price compression near $1.42 comes as analysts point to a repeating bull flag structure and thinning liquidity conditions. By Shaurya Malwa May 6, 2026, 4:25 a.m. 2 min read Make preferred on What to know : XRP has reclaimed $1.42 and is trading in a pattern that resembles a 2025 bull-flag breakout that preceded a 66 percent surge toward record highs. Traders are monitoring this area as a key resistance level, with a decisive move above it seen as opening room toward the $1.47 to $1.50 area. Holding above $1.40 is viewed as critical support, as a breakdown could send XRP toward the $1.34 to $1.37 zone despite historically low liquidity that may fuel larger moves. XRP is back above $1.42, and traders are starting to focus on a chart setup that sent XRP up 66% in less than two weeks when it appeared in 2025. News Background • Analysts flagged a repeating XRP chart fractal from 2025, when a breakout from a multi-week bull flag triggered a rally toward all-time highs above $3. • A bull flag is a pattern where price jumps sharply, then moves sideways or slightly lower for a while before potentially breaking higher again. Traders usually see it as a pause in momentum rather than a full reversal. • Current price action again shows XRP breaking out of a bull flag while the 20-day and 50-day moving averages approach a bullish crossover. • Some traders now view holding above $1.40 as critical, with the level acting as both psychological support and the upper boundary of the recent flag structure. Price Action Summary • XRP climbed from $1.4011 to $1.4184, extending its weekly gain to nearly 9%. • A 74.6M volume spike at 13:00 pushed price to $1.4207 before momentum cooled into consolidation. • The token spent the final hours stabilizing between $1.417-$1.420 after repeated tests of the $1.422 resistance zone. Technical Analysis • XRP continues building higher lows, keeping short-term bullish structure intact above $1.40. • The repeated tests near $1.42 matter because 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 for outsized moves once ranges finally break. • The broader setup resembles the 2025 breakout structure where XRP compressed for weeks before accelerating sharply higher. What traders should watch • $1.42 remains the key breakout level. A clean move above it opens the path toward $1.47-$1.50. • Holding above $1.40 is equally important because failed breakouts often turn into fast reversals once momentum fades. • If the range finally resolves lower, $1.34-$1.37 becomes the first major support zone traders watch. More For You Bitcoin tops $81,000 as Strategy mulls selling its BTC to fund dividend obligations By Shaurya Malwa | Edited by Sam Reynolds 14 minutes ago Strategy executive chairman Michael Saylor signalling a potential bitcoin sale to cover $1.5 billion in annual dividend obligations sent MSTR down 4% after hours and BTC briefly below $81,000. What to know : Bitcoin surged above $81,000 alongside record-setting global equities as easing Iran tensions and renewed AI optimism fueled a broad risk-on rally. Strategy, the largest corporate holder of bitcoin, signaled it may sell part of its 818,334-BTC stash for the first time to help fund dividend payments, sending its shares lower... Read full story Latest Crypto News Bitcoin tops $81,000 as Strategy mulls selling its BTC to fund dividend obligations 14 minutes ago Michael Saylor's Strategy signals potential bitcoin sale to fund dividends obligations 4 hours ago Trust in crypto remains biggest barrier to adoption, say Consensus Miami 2026 panelists 5 hours ago The world's entire economy will be tokenized, says Consensys’ Joseph Lubin 6 hours ago It's transparency, not tech alone, that drives crypto adoption, panelists tell Consensus Miami 6 hours ago Different voices in product, policy and hiring change crypto outcomes, panelists tell Consensus Miami 6 hours ago Top Stories Ripple CEO Brad Garlinghouse says Clarity better than chaos as Senate hits key moment 11 hours ago Consensus Miami Day 1: Real-time coverage and highlights from on the ground 14 hours ago Figure targets Fannie Mae and Freddie Mac in mortgage push, citing massive cost cuts for borrowers 11 hours ago Coinbase cuts 14% of staff as AI reshapes how crypto companies operate 16 hours ago Strategy posts $12.54 billion Q1 loss on declining bitcoin price 8 hours ago Crypto.com’s high-rolling head of marketing to leave after almost six years 14 hours ago