XRP has climbed above $1.42, capturing the attention of traders who are examining a chart pattern from 2025 that catalyzed a 66% rally in under two weeks.
Analysts have identified a recurring fractal in XRP’s charts from 2025 when an exit from a multi-week bull flag led to a surge towards record highs exceeding $3. A bull flag, characterized by an initial sharp price rise followed by a period of sideways or slightly downward movement, is generally viewed as a pause rather than a reversal in momentum.
Presently, XRP appears to be breaking out of a similar pattern, with its 20-day and 50-day moving averages nearing a bullish crossover. Holding above $1.40 is seen by some traders as crucial, serving both as psychological support and the upper limit of the recent flag structure.
XRP’s price increased from $1.4011 to $1.4184, pushing its weekly gain close to 9%. A spike in volume reaching 74.6M at 13:00 propelled prices to $1.4207 before momentum waned and consolidation began. The token then stabilized between $1.417-$1.420 after repeated tests near the $1.422 resistance zone.
XRP continues forming higher lows, maintaining its short-term bullish structure above $1.40. Repeated approaches near $1.42 are significant because each failure of sellers to force a deeper rejection weakens that resistance level.
Liquidity on Binance has dropped to its lowest since 2020, conditions which historically precede substantial price movements once ranges break. This setup mirrors the 2025 breakout pattern where XRP’s price compressed for weeks before accelerating sharply upward.
The pivotal $1.42 level is critical; a clear move above it could open paths towards $1.47-$1.50. Maintaining prices above $1.40 is equally vital as failed breakouts often result in rapid reversals when momentum diminishes. Should the range resolve lower, traders are watching $1.34-$1.37 as the initial major support zone.