- XRP climbed about 4.6% to trade near $1.13, a key short-term level that traders say could trigger a breakout toward $1.35 if it holds.
- While the hourly chart shows XRP compressing in a symmetrical triangle and attempting a breakout, the token remains stuck in a larger descending channel on the daily chart.
- Analysts are watching resistance at $1.24 to $1.28 and support at $1.02 to $1.06, with a loss of that support zone potentially exposing the $0.88 to $0.92 area.
XRP is trying to turn a support defense into a breakout. The token rose more than 4% over 24 hours and pushed toward $1.13, the level traders are watching after price compressed inside a short-term symmetrical triangle.
A move through that area could open the path toward $1.35,…
