Key Insights: XRP price traded near $1.09 as analysts assessed whether the latest pullback marked a breakout retest. Short-term charts showed support holding, thoughKey Insights: XRP price traded near $1.09 as analysts assessed whether the latest pullback marked a breakout retest. Short-term charts showed support holding, though

XRP Price Holds Triangle Breakout as Analysts Watch $1.50 Resistance

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Key Insights:

  • XRP price is holding near $1.09 after retesting its recent triangle breakout zone.
  • Analysts say the current pullback looks more like a retest than a full rejection.
  • Swift’s new tokenized ledger pilot adds fresh attention to institutional settlement rails.

XRP price traded near $1.09 as analysts assessed whether the latest pullback marked a breakout retest. Short-term charts showed support holding, though the wider structure still lacked confirmation.

The setup emerged as Swift advanced a separate blockchain ledger for tokenized cross-border payments. The project does not involve XRP or Ripple, but it adds attention to competing institutional settlement infrastructure.

XRP Price Tests Triangle Breakout Support

XRP price is trading near $1.09 after pulling back from its latest recovery attempt. The token recently moved above a descending resistance line, then returned to test the same breakout area.

CryptoMark said XRP price is still holding above a major triangle breakout zone. According to his chart, buyers pushed through resistance after months of compression and are now trying to defend the former breakout area as support.

XRPUSDT Daily Chart | Source: CryptoMark, XXRPUSDT Daily Chart | Source: CryptoMark, X

That makes the current move important. A shallow pullback above the $1.02–$1.05 region would support the higher-base argument. A deeper break below that area would weaken the setup and put the $1 psychological level back in focus.

For now, the XRP price prediction shows consolidation rather than a full rejection. Bulls still need a stronger close back above $1.12–$1.15 to rebuild momentum. After that, the next larger resistance band sits closer to $1.50.

XRP Crypto Triangle Compression Keeps Bulls Interested

At the same time, Crypto Coral also sees XRP compressing within a larger triangle. His chart showed price reacting from a key support area while still trading below a wider resistance zone.

XRPUSDT Daily Chart | Source: Crypto Coral, XXRPUSDT Daily Chart | Source: Crypto Coral, X

The analyst said structures of this size often lead to significant moves once resistance gives way. That view depends on XRP holding its lower support while buyers keep pressure on the upper trend line.

The current daily structure remains mixed. XRP has rebounded from the lower zone, but it has not yet cleared the larger supply area. This leaves the token between early support and confirmation.

A close above the falling resistance would improve the short-term outlook. It would also increase the chance of a move toward the red resistance zone near $1.50–$1.55. Until then, traders may treat each bounce as unfinished.

Swift Ledger Adds Tokenized Finance Angle

Notably, Swift said its blockchain-based ledger was implemented in nine months and is ready for use with major banks preparing tokenized cross-border payment pilots.

The list includes ANZ, BNP Paribas, BNY, Citi, DBS, First Abu Dhabi Bank, FirstRand, HSBC, Itaú Unibanco, Lloyds Bank, Mashreq, MUFG Bank, OCBC, Standard Bank, Standard Chartered, UOB and Wells Fargo.

The ledger is designed to support 24/7 tokenized cross-border payments. Swift said the system aims to improve liquidity efficiency, cash-flow visibility, and token recognition across financial institutions.

XRP Crypto Long-Term Retest Keeps Bigger Setup Alive

Additionally, ChartNerd pointed to XRP’s long-term retest structure, arguing that the current chart resembles earlier cycle retests before larger expansions.

XRP Price Chart | Source: ChartNerd, XXRP Price Chart | Source: ChartNerd, X

His chart maps repeated tests of a rising macro support line. Previous retests came before major rallies, including the 2017 and 2021 cycle moves. The current setup is labeled as a third retest.

Therefore, XRP price must protect $1.00–$1.05, then reclaim $1.15 and $1.30. A clean move above $1.50 would shift attention back toward the previous cycle highs.

If support fails, the bullish retest argument loses strength. If support holds, XRP may be setting a higher base before its next major breakout attempt.

The post XRP Price Holds Triangle Breakout as Analysts Watch $1.50 Resistance appeared first on The Market Periodical.

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