XRP Price Surges Past $1.40: Will It Hit $2 Next?

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Darling, brace yourself for a market moment that reads like a romance novel with a calculator. XRP has decided to be dramatic and push past the stubborn $1.40 barrier on Wednesday, flirting with $1.45 while the mood in the crypto lounge finally perked up. It’s all very exciting until you spill tea on the sofa and remember you could have invested in a plant instead.

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As reported earlier by crypto.news, XRP price also continues to trade within a broader symmetrical triangle pattern formed by converging trendlines. A breakout from such a structure often signals the beginning of a stronger directional move after a prolonged consolidation phase.

A confirmed breakout above the descending trendline and the upper boundary of the triangle could open the door for a move toward the next major resistance zone near $1.66, which aligns with the 5/8 Murrey Math level.

If buyers manage to sustain momentum beyond that area, XRP could then target the $1.95 to $2 region, which coincides with the 8/8 ultimate resistance zone on the chart.

Momentum indicators are also beginning to favor the bulls. The Supertrend has remained green, while the MACD lines have now formed a bullish crossover, suggesting buying momentum may continue strengthening in the near term. The recent rebound has also produced a series of higher lows since early April, signaling an improving market structure.

However, downside risks remain if XRP fails to hold above the breakout area. A rejection from current levels could send the token back toward support near $1.36, while a deeper correction may expose the $1.27 region.

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2026-05-06 13:18