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XRP nears breakout with bullish ascending triangle signaling potential price rally above $1.17 resistance.

Technical Signals
21 Jul 2026
Tokenpost
View Source
Bullish
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XRP is showing signs of bullish momentum, trading around $1.13 and forming an ascending triangle pattern on its daily chart. This pattern suggests buyers are gaining control, with higher lows indicating growing demand. Key resistance lies at the 50-day EMA near $1.17; a breakout above this could lead to a rally toward $1.24 and possibly $1.30. However, XRP remains below longer-term averages like the 200-day EMA at $1.44, so the broader trend is not fully bullish yet. Traders are watching closely for confirmation of a sustained recovery or a potential drop if support fails.

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