TL;DR
- XRP is approaching a technical level that analyst Ali Charts identifies as crucial for its next move.
- A confirmed hourly close above $1.54 could open a path toward $1.70, representing roughly a 10% gain.
- The setup comes after XRP recently moved above $1.38 and reached about $1.66 before retreating, leaving traders focused on whether the current consolidation can produce another breakout.
XRP is again approaching a potential breakout zone as traders monitor whether the token can reclaim $1.54 with enough strength to confirm a move higher. Analyst Ali Charts says an hourly close above that level could open the way toward $1.70, putting a roughly 10% advance within the technical setup.
XRP: THE LEVEL TO WATCH$XRP appears to be developing a symmetrical triangle on the hourly chart.
Now, everything comes down to $1.54.
I’m waiting for an hourly close above $1.54 to confirm the breakout.
If that happens, the pattern could trigger roughly a 10% rally toward… pic.twitter.com/3RqQoCsYfk
— Ali Charts (@alicharts) September 30, 2026
The setup is based on a symmetrical triangle developing on XRP’s hourly chart. This formation reflects a period of tightening price action as buyers and sellers push the token into a narrower range. For Ali Charts, the important signal is not simply a brief move above resistance but an hourly candle closing decisively beyond $1.54.
That distinction matters because XRP has already shown that breakouts can lose momentum. The token moved sharply higher during September, with historical data showing a close near $1.57 on September 22 and an intraday high around $1.65 on September 23. XRP subsequently returned toward the $1.50 area, demonstrating the importance of confirmation after a technical breakout.
XRP Could Surge 10% As Traders Watch $1.54
Ali Charts previously identified $1.38 as an important resistance level in September. XRP eventually moved through that area and climbed above $1.60 before the rally stalled. The latest setup therefore places attention on whether $1.54 can now transition from resistance into a level that supports another advance.
A move toward $1.70 would also bring XRP into a zone that has recently attracted selling pressure. Market analysis published at the end of September identified $1.70 as a significant resistance area, while XRP was trading around $1.49 as October began. The token entered the fourth quarter after gaining about 48% during Q3.
Beyond the chart, XRP enters October with several market factors in focus. Recent reports indicate that US spot XRP ETFs have accumulated substantial net inflows, while exchange balances have declined during September. These developments provide additional liquidity and demand signals that traders can consider alongside technical levels.
Still, the $1.54 setup remains a technical scenario rather than a guaranteed outcome. A failed breakout could keep XRP inside its current range or expose the token to renewed selling pressure. Conversely, sustained trading above the level would give the bullish setup greater confirmation and put $1.70 firmly back on traders’ radar.
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