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XRP Price Maintains Momentum as Traders Anticipate Breakout Rally

NewsBTC|Aayush Jindal|March 3, 2026 at 04:08 AM|1 views

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🤖AI Summary

XRP price failed to break above $1.4320 and entered a downside correction, currently holding above $1.3550 support. A contracting triangle pattern suggests potential for another rally if XRP maintains support above $1.350, with key resistance at $1.4080.

Key Takeaways

→XRP declined from $1.4329 high and is now trading above $1.370 and the 100-hourly moving average
→A contracting triangle pattern is forming with key resistance at $1.4080 on the hourly chart
→Bulls remain active above $1.3650 zone with potential upside targets at $1.450-$1.550
→Downside risk exists if XRP fails to clear $1.4050 resistance, with support at $1.3515 and $1.2850
→Technical indicators show MACD losing pace in bullish zone while RSI dropped below 50

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