The post XRP Surges Past $1.50 Neckline, Eyes $1.80 Next appeared on BitcoinEthereumNews.com. XRP broke above $1.50; now crucial to hold this level to keep bullishThe post XRP Surges Past $1.50 Neckline, Eyes $1.80 Next appeared on BitcoinEthereumNews.com. XRP broke above $1.50; now crucial to hold this level to keep bullish

XRP Surges Past $1.50 Neckline, Eyes $1.80 Next

For feedback or concerns regarding this content, please contact us at [email protected]
  • XRP broke above $1.50; now crucial to hold this level to keep bullish momentum alive.
  • The Q4 Triangle Crossroad may test traders before a potentially stronger upward move.
  • Long-term support has historically acted as a floor, signaling possible gains toward $1.80.

XRP made a decisive move yesterday, breaking above the $1.50 resistance level, known as the “Adam & Eve” neckline. According to analyst ChartNerd, this breakout marks a pivotal moment, as the cryptocurrency must sustain above this threshold to confirm bullish momentum. 

Analyst ChartNerd warned that if XRP cannot stay above $1.50, it may slide back toward its ascending support line, which has been holding up prices for weeks. “Price must now sustain above the neckline, or we resort back to ascending support for a higher low,” the analyst said. ChartNerd also added that $1.80 remains the target. 

Approaching the Q4 Triangle Crossroad

Later, ChartNerd pointed to another key level called the “Q4 Triangle Crossroad.” This area is where long-term rising support meets long-term falling resistance. According to the analyst, XRP is heading towards this intersection, expected by late 2026. 

Source: X

ChartNerd cautions that a drop to $0.80–$0.70 could put pressure on smaller investors, creating a short-term pullback. However, if XRP holds these levels, it could pave the way for a stronger upward move.

Support Holds as Price Eyes $1.80 Rally

XRP price history also confirms that the price follows a cyclical pattern, moving between key support and resistance levels over the past few years. CW, a crypto analyst, pointed out that the lower end of the long-term rising channel acted as a reliable ‘floor’ for the price. Another key indicator is the appearance of the green Heikin Ashi candle, which could indicate the end of the bearish pressure and the resumption of the uptrend.

Source: X

Recoveries from the support level in the past, in 2017 and 2024, resulted in impressive price rallies, which confirms that the price respects this level. It is essential to observe the price action closely as the price needs to remain above this level. If the price falls below this level, the price momentum could be at risk; however, the price is already showing positive momentum to achieve the $1.80 target price.

Related: XRP Price Prediction: XRP Fails at $1.60 as SEC Signals Softer Approach

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Source: https://coinedition.com/xrp-surges-past-1-50-neckline-eyes-1-80-next/

Market Opportunity
XRP Logo
XRP Price(XRP)
$1.3316
$1.3316$1.3316
-1.74%
USD
XRP (XRP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

$30,000 in PRL + 15,000 USDT

$30,000 in PRL + 15,000 USDT$30,000 in PRL + 15,000 USDT

Deposit & trade PRL to boost your rewards!