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XRP price nears $1.38, eyeing a 26% move as it trades within a key symmetrical triangle pattern.

Technical Signals
02 May 2026
Coinpaper
View Source
Neutral
pluang ai news

XRP is trading near $1.38, confined within a symmetrical triangle pattern between $1.35 support and $1.45 resistance. This setup suggests a potential 26% price move once a daily close breaks out of this range, either upward toward $1.82 or downward toward $1.00. Reduced leverage indicates lower speculative pressure, stabilizing the price. Market watchers await a confirmed breakout, with institutional interest highlighted by over $1.29 billion inflows into XRP spot ETFs and the upcoming launch of leveraged XRP ETFs in May, which could increase volatility.

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XRP breaks $1.18 with rising volume, but Upbit's dominance raises recovery concerns

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XRP rallies 10% past $1.20 but profit-taking near $1.25 raises questions on breakout strength.

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XRP briefly surged above the $1.20 resistance level, reaching near $1.25 before profit-taking caused a pullback. The rally was supported by strong volume and inflows into XRP ETFs, alongside increased demand from South Korea's Upbit exchange. While t...

Technical Signals
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