XRP has climbed back above $1.42 — a level traders are treating as the trigger zone for a chart structure that, when it last appeared in 2025, preceded a 66% rally toward all-time highs above $3. The setup is a multi-week bull flag: a sharp initial move followed by sideways compression, with the 20-day and 50-day moving averages now converging toward a bullish crossover.
A 74.6 million-unit volume spike pushed price briefly to $1.4207 before consolidation set in between $1.417 and $1.420. Critically, Binance order-book liquidity has fallen to its lowest level since 2020 — thin conditions that historically amplify moves once a range finally resolves.
The levels to watch are clear: a clean break above $1.42 opens the path to $1.47–$1.50, while losing $1.40 support risks a fast reversal toward the $1.34–$1.37 zone.
CoinDesk