XRP jumps 4% as traders watch 'triangle breakout' toward $1.35

MarketsXRP jumps 4% as traders watch 'triangle breakout' toward $1.35XRP pushed higher over 24 hours and tested short-term resistance, but the larger chart still needs a clean break above the $1.24-$1.28 supply zone to confirm a stronger reversal.By Shaurya Malwa Jul 21, 2026, 7:21 a.m. 2 min readMake preferred on ShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailMake preferred on SummaryShowXRP 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, but the bigger daily chart still shows XRP trading inside a descending channel that has capped rallies for months.News Background• XRP traded near $1.13 on Monday, up about 4.6% over 24 hours, according to CoinGecko data.• The token’s 24-hour range stretched from $1.08 to $1.14, with market capitalization near $70.85 billion and 24-hour trading volume around $1.27 billion.• Analyst Ali Martinez said on X that XRP’s monthly chart is showing a TD Sequential buy signal, while the hourly chart shows price consolidating inside a symmetrical triangle.• Martinez said a breakout above $1.13 could open the door to a roughly 20% rally toward $1.35.Price Action Summary• XRP opened near $1.0925 and climbed as high as $1.1067 on CoinDesk Data’s 24-hour chart before extending toward $1.13 on CoinGecko.• The move followed several hours of s…

XRP jumps 4% as traders watch 'triangle breakout' toward $1.35

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