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If XRP breaks through this critical level, prices could soar significantly

2026-10-06 03:36:27
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Ready to go: XRP is like a tight spring, and a key breakthrough is imminent.

Imagine a curled spring. The tighter you press it, the more energy it stores, and once released, the stronger it will rebound. Currently, some market observers believe that the trend of XRP is very similar.

XRP is a cryptocurrency, a form of digital assets that people buy, sell and trade online, similar to company stocks. Its price fluctuates every day. But recently, it has shown an unusual state: it has hardly moved.

Shrink boxes

XRP prices have been stuck in the past few weeks. Each time you go up, you will hit a ceiling slightly lower than the previous one; each time you fall, you will find a floor slightly higher than the previous one. If you draw these two lines on a chart, they will slowly move closer to each other to form a triangular shape. There is a famous saying among traders that describes such patterns: "The tighter the squeeze, the greater the explosion." When the two lines finally meet, prices are usually unable to maintain the status quo and tend to break through violently, either upward or downward.

Ali Charts, a market analyst who closely follows XRP, believes this moment may be coming.

"XRP continues to consolidate within the triangle. As prices approach their peak, a bigger move may be looming. If the price closes above $1.53 at the 4-hour level, it will confirm a bullish breakthrough and open the door to $1.62,"he wrote in a social media post.

Key observation point: US$1.53

For Ali Charts, everything depends on one number. The concept of a "four-hour close" is crucial. Traders usually divide the day into multiple time blocks, and the price at the end of each time block is called the "closing price." If XRP closes above $1.53 over a full four-hour period, it shows the buyer has real staying power. The brief pulse may disappear within a few minutes, while the confirmed closing price has a larger weight. In trading terms, this is called a "bullish breakthrough" and is a signal that prices may continue to climb. According to Ali Charts 'estimates, the next target is about $1.62.

Whale watching

While ordinary traders pay attention to charts, another group of people also watches the market closely: that is the "whale". In the cryptocurrency space, a "whale" refers to an individual or institution that holds a large number of tokens. When they buy or sell, it can cause market turmoil. Smaller traders often watch their movements for clues. The whales were unusually quiet this week. In total, they hold approximately 3.9 billion XRPs, and this number has remained little changed in the past seven days.

"In the past week, whales have remained relatively on the sidelines, with no significant changes in their XRP holdings," he said in the post.

Their restraint may mean they are waiting for the same breakthrough signal as everyone else.

What happens next

目前,XRP 仍然卡在收窄的通道中,下一次大行情的方向仍未确认。收盘价若高于 1.53 美元将对多头有利,但如果买方未能跟进,三角形形态也可能向下解析。在接下来的交易中,交易者将密切关注 4 小时图表。一如既往,此类形态并非保证,当波动性回归时,风险管理至关重要。

Disclaimer:

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