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XRP nears bullish breakout above $1.50 after forming symmetrical triangle pattern.

Technical Signals
23 Apr 2026
Crypto news
View Source
Bullish
pluang ai news

XRP price is approaching a bullish breakout from a symmetrical triangle pattern, trading near the upper trendline and potentially breaking above $1.50, a level it has not surpassed in five weeks. Technical indicators like the Supertrend turning green and an upward-trending MACD suggest rising buying momentum. If the breakout succeeds, XRP could rally toward $1.61, aligned with Fibonacci retracement levels. However, if the $1.20 support fails, a deeper correction toward $1.00 may occur, signaling downside risk amid ongoing geopolitical tensions affecting the crypto market.

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