NewsCryptoXRP Tests $1.40-$1.46 Resistance as Analysts Track Targets up to $11.60

XRP Tests $1.40-$1.46 Resistance as Analysts Track Targets up to $11.60

Author: Cryptofrontnews·

Key Takeaways

  • XRP rallied from the $0.98-$1.05 range in early August to approximately $1.55 after breaking out between Aug. 20-23, accompanied by a sharp increase in trading volume.
  • Ali Charts has identified a descending triangle on the hourly chart and is watching for a close above $1.40 that could drive XRP toward $1.46.
  • Ella wants to see a daily close above $1.46 before treating $1.50-$1.52 as the next structural zone, with $1.50-$1.55 serving as nearer resistance and $1.58 a potential target above $1.55.
  • Celal Kucuker has set XRP price targets at $2.30, $3.30, $4.90, $7.50 and $11.60, with $2.30 as the first objective above the current market price.
  • A daily close below $1.38 would weaken the rebound and could refocus attention on the $1.33-$1.35 support band, while deeper declines may bring the 200-day moving average near $1.25 into play.
XRP Tests $1.40-$1.46 Resistance as Analysts Track Targets up to $11.60

XRP is testing a key resistance area after a sharp recovery in August, with analysts focusing on $1.40 and $1.46 as levels that could influence the token’s next price move. Ali Charts is watching for an hourly close above $1.40, while LBank Exchange partner Ella is monitoring the $1.44-$1.46 zone for confirmation. The focus on both hourly and daily closes gives the setup separate short-term and broader confirmation levels.

Celal Kucuker has listed XRP targets ranging from $2.30 to $11.60, including intermediate levels at $3.30, $4.90 and $7.50. On the downside, XRP remains above its 50-day moving average near $1.40, while $1.38 and the $1.33-$1.35 area are being watched as support.

Analysts Track XRP Breakout Levels

Ali Charts said XRP appears to be forming a descending triangle on the hourly chart. He is watching for an hourly close above $1.40 and said a confirmed break could take XRP toward $1.46.

Ella identified $1.44-$1.46 as the immediate decision zone. She said XRP opened at $1.3965 on Coinbase, declined to $1.3809 and then reached $1.4509. XRP also outperformed ETH and SOL during that session.

However, Ella said she wants to see a daily close above $1.46 before considering $1.50-$1.52 the next structural area. In the shorter term, XRP faces resistance around $1.50-$1.55, and a move above $1.55 could bring $1.58 into focus.

August Rally Reshapes XRP Price Structure

XRP declined from its March-May highs through June and July, pushing the token toward $0.98-$1.05 in early August. The token then broke higher around Aug. 20-23 and reached approximately $1.55. The recovery occurred alongside a sharp increase in trading volume.

The latest chart shows XRP at around $1.439, above its 50-day moving average near $1.40. The 200-day moving average is around $1.25. Current support is near $1.40, while a deeper decline could bring the $1.25 area into focus.

Trading volume is currently around 2.85 billion. The chart also shows the total amount of holders rising to approximately 8.11 billion.

Longer-Term Targets Reach $11.60

Celal Kucuker listed $2.30, $3.30, $4.90, $7.50 and $11.60 as XRP targets. His projection places $2.30 as the first target above the current market price.

On the downside, Ella said a daily close below $1.38 would weaken the rebound and could shift attention back to $1.33-$1.35. Until one of those boundaries breaks, she described XRP as undergoing a resistance test within a volatile range.