{"id":154405,"date":"2026-04-22T19:00:07","date_gmt":"2026-04-22T19:00:07","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=154405"},"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:\/\/mycryptomania.com\/?p=154405","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

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>","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":0,"featured_media":154406,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-154405","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/154405"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=154405"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/154405\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/154406"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=154405"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=154405"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=154405"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}