XRP traded near $1.09 on Thursday as buyers struggled to clear a short-term symmetrical triangle whose upper boundary sits around $1.13.
The token moved between $1.09 and $1.12 over the latest 24-hour period, with trading volume near $1.05 billion and market capitalization around $68.3 billion. XRP remained nearly flat over seven days and about 70% below its July 2025 record of $3.65.
The hourly triangle places XRP close to a volatility break after several sessions of contracting price action. A sustained move above $1.13 would complete the bullish side of the pattern and open a measured path toward $1.35, roughly 20% above current levels.
The target represents a technical projection rather than a confirmed price path. XRP would still need to hold above the broken trendline and absorb selling around $1.20 and $1.30 before reaching $1.35.
Ali Martinez identified a monthly TD Sequential buy signal on XRP, placing the higher-timeframe reading alongside the short-term triangle.
The TD Sequential tracks consecutive candles to identify possible trend exhaustion. A completed buy setup after a prolonged decline can precede a rebound, but it does not establish that sellers have lost control or guarantee that the next candle will close higher.
XRP previously flashed two bullish reversal signals near $1.06, when a daily TD Sequential setup and Morning Star Doji placed $1.30 in view if buying volume returned. The token recovered from that area but has not produced the sustained spot demand needed to establish a broader reversal.
The monthly signal carries a longer time horizon than the hourly triangle. The triangle could resolve within hours or days, while the TD Sequential reading concerns selling pressure built across several monthly candles.
XRP’s current structure follows a larger breakdown that developed in May. The token lost the former $1.35 support zone after spending several weeks inside a symmetrical triangle between $1.35 and $1.45.
That decline shifted $1.35 from support into a potential recovery target. Reaching it would return XRP to the lower boundary of its previous trading range rather than complete a full reversal of the wider downtrend.
Immediate support sits near $1.09, followed by the seven-day low around $1.06. A break beneath the triangle’s lower boundary would weaken the $1.35 setup and return XRP toward the $1 psychological level, where buyers defended the market during the June selloff.
The post XRP Monthly Buy Signal Meets $1.13 Triangle Breakout Test appeared first on Crypto Adventure.
