- Ali Charts targets $1.46 after an hourly close above $1.40, while Ella watches $1.44-$1.46 for confirmation.
- Celal Kucuker projects XRP targets from $2.30 to $11.60, with $3.30, $4.90 and $7.50 also in focus.
- XRP holds above its 50-day MA near $1.40, while $1.38 and $1.33-$1.35 provide downside support.
XRP is testing resistance after a sharp August recovery, with analysts watching $1.40 and $1.46 for further price direction. Celal Kucuker listed targets from $2.30 to $11.60, while Ali Charts identified $1.40 as an hourly breakout level. LBank Exchange partner Ella is watching $1.44-$1.46 for confirmation.
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. According to Ali Charts, a confirmed break could send XRP toward $1.46. Meanwhile, Ella identified $1.44-$1.46 as the immediate decision zone.
Ella said XRP opened at $1.3965 on Coinbase, fell to $1.3809, then reached $1.4509. XRP also outperformed ETH and SOL during that session. However, Ella wants a daily close above $1.46 before treating $1.50-$1.52 as the next structural area.
August Rally Changes XRP Price Structure
XRP fell from its March-May highs through June and July. The decline pushed the token toward $0.98-$1.05 in early August. However, XRP broke higher around Aug. 20-23 and reached approximately $1.55.
The move came alongside a sharp increase in trading volume. The latest chart shows XRP around $1.439, above its 50-day moving average near $1.40. The 200-day moving average stands around $1.25.
Support currently is near $1.40. A deeper decline could bring the $1.25 area into focus. Meanwhile, current trading volume is around 2.85 billion. The chart also shows the total amount of holders rising to approximately 8.11 billion.
Longer-Term Targets Stretch Toward $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 level above the current market price. For the shorter term, XRP faces resistance around $1.50-$1.55. A break above $1.55 could bring $1.58 into focus.
However, Ella said a daily close below $1.38 would weaken the rebound. That move could return attention to $1.33-$1.35. Until either boundary breaks, Ella described the market as a resistance test within a volatile range.
