The price of XRP has executed a key technical maneuver and is now confidently breaking above the middle line of the Bollinger Bands at $1.35 on the daily TradingView chart. This event officially moves the digital asset out of a phase of uncertainty into a stage of preparation for an impulsive move — most likely to the upside.
A breakout above the middle band, represented by the 20-day moving average on the daily time frame, is a classic trigger for market participants. In the context of XRP, the $1.35 level acted as resistance throughout the week but managed to turn into support closer to the weekend.
Now, according to the mechanics of the indicator, after a rebound from the central axis, the price will be drawn like a magnet toward the upper band, which is currently positioned at $1.42.
March fractal: Why XRP’s 17% rally pattern is reemerging
Notably, the current chart configuration mirrors the situation from mid-March 2026. Back then, a similar breakout above the middle line led to a 17% rally in just five days. Right here and now, as long as the price holds above $1.35 per XRP, buyers control the market.
At the same time, the band compression is reaching its limit. In this context, a breakout above the middle line is only the first step, with the second being a push toward the upper boundary.
You Might Also Like
The price situation is further supported by developments around the Clarity Act in the U.S. Senate, which could have a favorable impact on XRP price action. Breaking the chart into key levels, a clear safety net emerges at $1.35. Holding this zone is a critical factor for a bullish outlook for the coming week.
Be the first to comment