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XRP Breakout Above $1.45 Signals Strong Bullish Momentum

XRP Breakout Above $1.45 Signals Strong Bullish Momentum. Source: EconoTimes

XRP finally broke through the crucial $1.45 resistance zone after weeks of failed attempts, triggering a sharp rally fueled by heavy trading volume. The breakout came quickly, suggesting that larger market participants were driving the move rather than retail traders chasing momentum. However, buying pressure started fading as XRP approached the key psychological resistance level at $1.50.

Before the breakout, traders closely monitored XRP’s tightening price range, with several analysts identifying bullish chart formations such as triangles and bull flags beneath resistance. Low liquidity conditions across major crypto exchanges also increased expectations that any confirmed breakout could lead to an aggressive price swing.

During the latest 24-hour trading session, XRP surged from $1.4176 to $1.4524 while trading within a volatile 6.5% range. Momentum accelerated significantly during the May 10 16:00–17:00 trading window when volume exceeded 169 million, pushing XRP decisively above the $1.4450 level. The rally later extended to a session high of $1.5073 before profit-taking pressure forced a pullback toward the breakout zone near $1.45.

From a technical perspective, the breakout above $1.45 is considered important because the level had consistently rejected upside attempts since April. Analysts also noted that the unusually high breakout volume supports the strength of the move and reduces the likelihood of a short-lived price spike. Still, sellers quickly returned near $1.50, creating short-term liquidation pressure and slowing bullish momentum.

For now, XRP remains above its previous resistance zone, which keeps the bullish market structure intact. Traders are closely watching the $1.44–$1.45 support area, as holding above it could maintain momentum for another attempt at $1.50. If XRP successfully breaks above $1.50, analysts believe the next upside targets could be $1.56 and potentially $1.80. However, a drop below $1.44 may increase the risk of a correction toward the $1.38–$1.40 range.

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Great article. Requesting a follow-up. Excellent analysis.

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Great article. Requesting a follow-up. Excellent analysis.
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