XRP pushes toward $1.40 as tightening range lowers breakout chances
coindesk|2026年05月08日 15:01
Price moved higher on a late volume burst, with traders watching whether compression near $1.39-$1.40 finally resolves into a larger move.
What to know : XRP is grinding toward the top of its recent range just below $1.40 as volatility tightens and liquidity thins, setting up the potential for a sharper breakout. Analysts highlight bull flag and falling wedge patterns, along with XRP ETF inflows and weaker Binance order books, as signs the market may be shifting into a higher-volatility phase. Traders are watching resistance at $1.3930 to $1.3950 and support near $1.3825, with a break higher opening the way toward $1.42, $1.47 and possibly the $1.60 to $1.73 zone.
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