What next as Ripple-linked token breaks above $1.40

Share This Post

XRP moved back above $1.40 in early Asia hours on broader move in crypto markets, with the push through resistance coming on a sharp pickup in volume that tends to signal real positioning and shifts the focus to whether that level now holds on any pullback.

News Background

• Bitcoin pushed higher during the same window, helping lift broader risk sentiment across crypto markets.

• XRP has been trading in a tight $1.35–$1.45 range, with the latest move marking another attempt to break out of that compression.

Price Action Summary

• XRP climbed from $1.3840 to $1.4065, breaking above resistance near $1.3990.
• The move accelerated during the final hour, with price pushing cleanly through $1.40.
• Price is now holding just above the breakout zone, consolidating near $1.4040–$1.4060.

Technical Analysis

• The key shift is the reclaim of $1.40, which had capped recent upside attempts.
• Volume expanding into the move confirms participation rather than a low-liquidity push.
• Structure shows higher lows into the breakout, suggesting underlying bid strength.
• The broader range remains intact, but pressure is building toward a directional move.

What traders should watch

• $1.40 is now the pivot. Holding above it keeps the breakout intact.
• $1.41–$1.42 is the next resistance zone that needs to clear for continuation.
• A move back below $1.40 would signal the breakout failed and return price to the range.

Related Posts

Bank of Korea Probes Banks’ Exposure to Crypto Hacks

The Bank of Korea has reportedly asked banks and...

Hong Kong Enables 24/7 Tokenized Settlements, Plans Stablecoin Trials

Hong Kong has expanded its Project Ensemble pilot to...

Coinbase Files for Brazil Crypto License Ahead of Deadline

Cointelegraph is committed to providing independent, high-quality journalism across...

HTX Settles FCA Case Over Unlawful UK Crypto Promotions

Update (Oct. 29, 2026 at 13:30 UTC): This article...

Brazil Crypto Rules Leave Questions as Deadline Nears

Cryptocurrency exchanges operating in Brazil face mounting compliance costs...

Bank of England opens consultation on tokenized collateral for clearing

Central counterparties would need to show tokenized collateral meets...