After 60 days of grueling sideways price action, XRP has finally cracked the $1.40 resistance. While the market often dismisses 5% moves, the technical structure beneath this rally suggests a “Golden Setup.”
Structural Breakdown: For months, XRP compressed within a macro wedge. In technical analysis, the longer the compression, the more violent the expansion. By flipping the $1.36–$1.38 zone from a ceiling into a support floor, XRP is signaling a transition from stagnation to a new trend phase.
What’s Next? We are seeing a disconnect between “quiet” price action and “loud” indicators. Momentum is shifting before the parabolic move begins. If the $1.38 support holds, the path to multi-year highs is officially open.
XRP Breaches $1.40: Why This Breakout is Different from Previous Fake-outs was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.