{"id":22464,"date":"2026-04-22T19:00:20","date_gmt":"2026-04-22T19:00:20","guid":{"rendered":"https:\/\/coinsrise.net\/blog\/xrp-eyes-breakout-but-failure-at-1-53-could-trigger-sell-off\/"},"modified":"2026-04-22T19:00:20","modified_gmt":"2026-04-22T19:00:20","slug":"xrp-eyes-breakout-but-failure-at-1-53-could-trigger-sell-off","status":"publish","type":"post","link":"https:\/\/coinsrise.net\/blog\/xrp-eyes-breakout-but-failure-at-1-53-could-trigger-sell-off\/","title":{"rendered":"XRP Eyes Breakout, But Failure At $1.53 Could Trigger Sell-Off"},"content":{"rendered":"<p>XRP is approaching a critical resistance zone as momentum builds toward a potential breakout. However, with price still struggling to clear the $1.53 level, the risk of rejection remains high. A failure at this key barrier could quickly shift sentiment and trigger a move lower, making the next reaction crucial for direction.<\/p>\n<h2>Wave E Nears Completion As XRP Tests Key Resistance<\/h2>\n<p>CasiTrades has <a href=\"https:\/\/x.com\/CasiTrades\/status\/2046674570674159989?s=20\" target=\"_blank\" rel=\"noopener nofollow\">highlighted<\/a> that XRP is currently approaching a definitive stage in its market cycle, specifically moving toward the completion of Wave E within a larger consolidation pattern. Technical indicators across multiple subwave degrees are identifying the $1.53 level as the primary resistance hurdle.<\/p>\n<p>The current forecast anticipates a series of upward moves into the $1.50 to $1.53 price range. This bullish remains technically valid as long as the price stays above the critical support of $1.39. A breach below this support would likely disrupt the current wave count and suggest a shift in momentum.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-large wp-image-892803\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/04\/XRP-chart-from-CasiTrades-1.jpg?w=512&#038;resize=512%2C294\" alt=\"XRP\" width=\"512\" height=\"294\" loading=\"lazy\" \/><\/p>\n<p>Market observers are also keeping a close eye on Bitcoin\u2019s performance, as its movement could influence XRP&#8217;s direction. If Bitcoin rallies into its own resistance zone near $79,000, it would likely provide the necessary tailwind for XRP to challenge the $1.50\u2013$1.53 area. However, there is a risk of a wave failure where XRP falls just short of its target if Bitcoin reaches a local top.<\/p>\n<p>The price action shows a major test of resistance that will likely define XRP&#8217;s trajectory for the coming weeks. While a breakout would be significant, a rejection at these higher levels could lead to a sharp retracement to the $1.09 and $0.87 range.<\/p>\n<h2>XRP Struggles To Reclaim $1.50 Resistance<\/h2>\n<p>In a recent <a href=\"https:\/\/x.com\/HovWaves\/status\/2046657265122636001?s=20\" target=\"_blank\" rel=\"noopener nofollow\">update<\/a>, analyst Hov highlighted that XRP still hasn\u2019t reclaimed the $1.50 level, a key resistance that continues to cap upside momentum. What makes this more notable is that several major cryptocurrencies have already pushed to new local highs, while XRP continues to lag.\u00a0<\/p>\n<p>This relative weakness is beginning to raise concerns, suggesting that buyers have not yet fully stepped in with enough conviction to drive prices higher. From a structural perspective, XRP is currently forming a very clear triangle pattern. While this type of pattern often signals a buildup before a breakout, Hov cautions that overly obvious ones can sometimes lead to false expectations.<\/p>\n<p>The key trigger to watch now is a breakout above the ACE trendline. If confirmed, the next upside target sits around the $1.90 region, aligning with a possible wave 3 expansion from the lows. Beyond that, price action will need to be monitored closely to determine whether XRP can sustain a stronger bullish trend or if more consolidation lies ahead.<\/p>\n<p><img decoding=\"async\" class=\"size-large\" src=\"https:\/\/www.tradingview.com\/x\/KPTxkKMD\/\" alt=\"XRP\" width=\"2084\" height=\"1636\" loading=\"lazy\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP is approaching a critical resistance zone as momentum builds toward a potential breakout. However, with price still struggling to clear the $1.53 level, the risk of rejection remains high. A failure at this key barrier could quickly shift sentiment and trigger a move lower, making the next reaction crucial for direction. Wave E Nears&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[8191,10,2187,5847,27,2656,23,29,30,31,32],"class_list":["post-22464","post","type-post","status-publish","format-standard","hentry","category-xrp","tag-ace-trendline","tag-bitcoin","tag-casitrades","tag-hov","tag-ripple","tag-triangle-pattern","tag-xrp","tag-xrp-news","tag-xrp-price","tag-xrpusd","tag-xrpusdt"],"_links":{"self":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts\/22464","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/comments?post=22464"}],"version-history":[{"count":0,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts\/22464\/revisions"}],"wp:attachment":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/media?parent=22464"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/categories?post=22464"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/tags?post=22464"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}