XRP breaks trendline, holds $1.40, targets $1.42 resistance for continuation

min

XRP reclaims $1.40, eyes $1.420 breakout

XRP bounced above $1.40 and the 100-hour SMA. Bulls need a close over $1.420 to extend gains.

Price broke a bearish trend line at $1.380 on XRP/USD (data source: Kraken), then cleared $1.3950–$1.4050. The move retraced over 50% of the drop from $1.4423 to $1.3668, per NewsBTC XRP chart. Momentum improves: MACD is in the green, RSI sits above 50.

XRP hourly price chart

  • Immediate resistance at $1.4140, near the 61.8% Fib of the $1.4423–$1.3668 drop source
  • Break and close above $1.420 could target $1.4295 and $1.4420, then $1.4650 and $1.50 source

If $1.420 caps price, watch supports at $1.3920 and $1.3840. A close below $1.3840 opens $1.3680, then $1.350 and $1.3120 source.

Context: The recovery aligns with recent bids in Bitcoin NewsBTC analysis and Ethereum NewsBTC analysis.