{"id":41810,"date":"2026-04-22T19:00:07","date_gmt":"2026-04-22T19:00:07","guid":{"rendered":"https:\/\/cryptomag.finance\/?p=41810"},"modified":"2026-04-22T19:00:07","modified_gmt":"2026-04-22T19:00:07","slug":"xrp-eyes-breakout-but-failure-at-1-53-could-trigger-sell-off","status":"publish","type":"post","link":"https:\/\/cryptomag.finance\/?p=41810","title":{"rendered":"XRP Eyes Breakout, But Failure At $1.53 Could Trigger Sell-Off"},"content":{"rendered":"

XRP is approaching a critical resistance zone as momentum builds toward a potential breakout. However, with price still struggling to clear the $1.53 level, the risk of rejection remains high. A failure at this key barrier could quickly shift sentiment<\/a> and trigger a move lower, making the next reaction crucial for direction.<\/p>\n

Wave E Nears Completion As XRP Tests Key Resistance<\/h2>\n

CasiTrades has highlighted<\/a> that XRP is currently approaching a definitive stage in its market cycle, specifically moving toward the completion of Wave E within a larger consolidation pattern. Technical indicators across multiple subwave degrees are identifying the $1.53 level as the primary resistance hurdle.<\/p>\n

The current forecast anticipates a series of upward moves into the $1.50 to $1.53 price range. This bullish remains technically valid as long as the price stays above the critical support of $1.39. A breach below this support would likely disrupt the current wave count and suggest a shift in momentum<\/a>.<\/p>\n

\"XRP\"<\/p>\n

Market<\/a> observers are also keeping a close eye on Bitcoin\u2019s performance, as its movement could influence XRP\u2019s direction. If Bitcoin rallies into its own resistance zone near $79,000, it would likely provide the necessary tailwind for XRP to challenge the $1.50\u2013$1.53 area. However, there is a risk of a wave failure where XRP falls just short of its target if Bitcoin reaches a local top.<\/p>\n

The price action shows a major test of resistance<\/a> that will likely define XRP\u2019s trajectory for the coming weeks. While a breakout would be significant, a rejection at these higher levels could lead to a sharp retracement to the $1.09 and $0.87 range.<\/p>\n

XRP Struggles To Reclaim $1.50 Resistance<\/h2>\n

In a recent update<\/a>, analyst Hov highlighted that XRP still hasn\u2019t reclaimed the $1.50 level, a key resistance that continues to cap upside momentum. What makes this more notable is that several major cryptocurrencies have already pushed to new local highs, while XRP continues to lag.\u00a0<\/p>\n

This relative weakness<\/a> is beginning to raise concerns, suggesting that buyers have not yet fully stepped in with enough conviction to drive prices higher. From a structural perspective, XRP is currently forming a very clear triangle pattern<\/a>. While this type of pattern often signals a buildup before a breakout, Hov cautions that overly obvious ones can sometimes lead to false expectations.<\/p>\n

The key trigger to watch now is a breakout above the ACE trendline. If confirmed, the next upside target sits around the $1.90 region, aligning with a possible wave 3 expansion from the lows. Beyond that, price action will need to be monitored closely to determine whether XRP can sustain a stronger bullish trend or if more consolidation lies ahead.<\/p>\n

\"XRP\"<\/p>","protected":false},"excerpt":{"rendered":"

XRP is approaching a critical resistance zone as momentum builds toward a potential breakout. However, with price still struggling to clear the $1.53 level, the risk of rejection remains high. A failure at this key barrier could quickly shift sentiment and trigger a move lower, making the next reaction crucial for direction. Wave E Nears […]<\/p>\n","protected":false},"author":1,"featured_media":41811,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[51],"tags":[],"class_list":{"0":"post-41810","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-xrp"},"yoast_head":"\nXRP Eyes Breakout, But Failure At $1.53 Could Trigger Sell-Off - Cryptomag<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptomag.finance\/?p=41810\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"XRP Eyes Breakout, But Failure At $1.53 Could Trigger Sell-Off - Cryptomag\" \/>\n<meta property=\"og:description\" content=\"XRP is approaching a critical resistance zone as momentum builds toward a potential breakout. 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