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XRP price is trading near $1.14 after a sharp recovery from its lower range, with traders now watching whether the move can become a confirmed macro reversal. The market has shifted from consolidation into a critical breakout test.
XRP Price Tests the $1.20 Reversal Level
XRP price is holding near $1.14 after pushing back above short-term resistance, but the larger reversal still needs stronger confirmation. CasiTrades noted that XRP’s wave two correction has reached the 0.854 retracement near $1.16, which remains valid within her bearish purple scenario.
That reaction created a key technical test. According to the chart, XRP crypto must avoid a new high above $1.20 for the bearish count to stay active. A move below current levels would keep the path open toward lower support zones near $0.93 and $0.87.
However, the bullish case begins to improve if Ripple price breaks above $1.20. That level would invalidate the bearish purple count and shift attention toward $1.30. A clean break above $1.30 would then weaken the broader bearish structure and open the door toward $1.65.
The XRP crypto chart also showed bearish RSI divergence across multiple degrees after the $1.164 reaction. That means momentum has not fully confirmed the price bounce yet. Still, XRP has held above the mid-range instead of breaking down immediately, keeping both scenarios open.
XRP Crypto Triangle Compression Points to a Bigger Move
Meanwhile, the 4-hour chart shared by Crypto With Gopal showed XRP compressing inside a symmetrical triangle. Price has been forming lower highs and higher lows, which signals that momentum is tightening before a larger directional move.
This type of setup often becomes important after a long corrective phase. Bulls are defending support aggressively, while sellers continue to cap every advance near resistance. The narrowing range suggests that XRP crypto may not remain quiet for long.
The chart placed XRP crypto near $1.13, close to the triangle’s upper boundary. If buyers clear that region with strength, the measured target points toward the $1.45–$1.50 area. That aligns with other charts showing $1.30 as the first breakout checkpoint before a bigger macro test.
Nevertheless, failure to break higher could send XRP price back toward the lower triangle support. In that case, the market would likely revisit the $1.08 and $1.02 zones before making another attempt.
XRP Price Close Above $1.18 Improves the Setup
Top crypto analyst CRYPTOWZRD also pointed to improving daily structure, noting that XRP price closed bullish and may see further upside if momentum continues. His chart showed a short-term bearish pullback followed by bullish control, with attention moving toward the $1.18 resistance.
That level now acts as the first major test before the $1.30 region. If XRP price breaks above $1.18 and holds it as support, buyers could gain enough momentum to challenge $1.30.
On the downside, the same XRP price prediction shows $1.07 as the nearest support. Below that, the larger structure weakens and opens the risk of a deeper pullback toward $0.90. For now, XRP remains in a constructive recovery, but it has not yet delivered the breakout that removes downside pressure.
Ali Charts also noted that XRP has cleared short-term resistance, putting the next major target at $1.30. His 1-hour chart shows a breakout from a narrowing structure, with price moving above $1.08 and pressing toward higher resistance. This supports the short-term bullish case, although confirmation still depends on follow-through above $1.20.
XRP Whale Accumulation Supports the Bullish Case
Santiment also reported that wallets holding less than 0.01 XRP reduced their balances by approximately 5.2% over the same period. The data reflects changes in wallet balances rather than investor intent.
This article is for informational purposes only and does not constitute financial or investment advice. Technical analysis, whale activity, and chart patterns do not guarantee future price performance. Cryptocurrency markets remain highly volatile, and readers should conduct their own research before making investment decisions.
This split suggests stronger holders are accumulating while smaller wallets lose patience. Historically, XRP often performs better when larger wallets absorb supply during quiet or uncertain market phases. That supports the case that XRP crypto accumulation is building under the surface.
