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XRP must close above $1.53 on a 4-hour chart to confirm breakout, targeting $1.62 and higher levels.

Technical Signals
04 Oct 2026
Blockonomi
View Source
Bullish
XRP must close above $1.53 on a 4-hour chart to confirm breakout, targeting $1.62 and higher levels.

XRP is nearing a key technical point where it needs to close above $1.53 on a four-hour chart to confirm a breakout. The token briefly hit $1.55 but failed to sustain above $1.53, leaving the breakout unconfirmed. If confirmed, the next target is $1.62, with further resistance levels at $1.67, $1.93, and $2.25, and a longer-term target zone between $2.14 and $2.99 based on Elliott Wave and Fibonacci analysis. Whale activity has been stable, and the price is consolidating within a triangle pattern, suggesting a significant move could be imminent once the breakout is confirmed.

XRP is trading at Rp26,829 on Pluang as of Oct 05, 2026 00:21 WIB, showing a modest 0.59% gain over the past day. This price sits well within its circulating supply of 63.1 billion XRP, representing 64% of the total 100 billion XRP. Despite the article's focus on a potential breakout above $1.53, Pluang order activity currently leans heavily towards selling at 70%, with buyers making up 30%, and a typical hold time of 71 days, indicating a cautious market stance among investors.

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