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XRP breaks above $1.40 on rising volume, traders watch if support holds for further gains

Technical Signals
04 May 2026
Coindesk
Bullish
pluang ai news

XRP surged above the $1.40 level on a sharp increase in trading volume, signaling stronger market participation. The token broke out from its recent $1.35 to $1.45 range and is now consolidating just above $1.40. Traders are closely watching if XRP can maintain this level and clear resistance between $1.41 and $1.42, which would confirm a sustained breakout. A drop below $1.40 could indicate the breakout has failed, returning XRP to its previous range.

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