XRP Eyes Breakout With Bullish MACD Divergence as Price Holds Above $1.60 Support

XRP Unleashed Documentary Set for November Release on Major Platforms

  • XRP holds $1.60 support as MACD momentum builds toward breakout pressure.
  • Compression zone tightens between rising demand and falling resistance trendlines.
  • Bullish divergence and repeated rebounds suggest an upside move may be nearing.

XRP is testing major diagonal support while showing tightening price and momentum signals on the daily chart. Technical data now points to an upcoming breakout from the compression zone, with bullish divergence offering further weight.

Technical Compression Aligns with Bullish Divergence

XRP price has coiled along an ascending support line, with repeated rebounds highlighting persistent demand. This setup shows compressing volatility within a descending resistance, forming a triangular price structure. As the price narrows between this resistance and support, technical indicators signal growing bullish momentum.

A notable signal emerges on the MACD indicator, forming a symmetrical triangle pattern since early 2025. According to Javon Marks, this compression aligns with price support levels, showing rising momentum through higher MACD histogram lows. He noted that the MACD histogram formed three key troughs, each aligned with major price rebounds on the chart.

Source: Javon Marks

The price touched its diagonal support four times, each leading to a reversal above $1.60. These repeated bounces, coupled with higher MACD lows, suggest strengthening momentum beneath capped prices. Marks also pointed out a regular bullish divergence between price and momentum, reinforcing the case for a possible bullish breakout.

The MACD lines have stayed compressed within the triangle, with frequent signal line crossovers. Green histogram bars now appear more frequently, implying momentum is shifting. Marks added that the green upward arrow on his time frame points toward a breakout target around $3.30. He expects this move to follow the current coiled structure once pressure resolves.

Liquidity Gap and Price Range Observations

In contrast, the timespan insights from Dom offer additional observations tied to price inefficiencies and structural levels. He identifies a liquidity void from November, which XRP is now filling between the $1.50 and $2.00 range.

The current price trades just above $1.60, brushing a demand zone previously responsible for December’s rally. Dom highlights $1.83 as a pivotal level, noting potential bounce scenarios or deeper moves toward $1.48.

Source: Dom

He also marked $1.96 as the resistance barrier that, if reclaimed, may flip the current bearish trend. However, price remains below historical resistance zones. The timespan shows a thinning volume profile above $1.83, meaning moves may accelerate once that level clears. Dom added that the market structure remains bearish unless $1.96 breaks. Until then, XRP consolidates in a high-stakes range between buyer support and overhead pressure.


Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0


PRC Comment Policy

Your comments MUST BE constructive with vivid and clear suggestion relating to the post.

Your comments MUST NOT be less than 5 words.

Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.

Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.

Constructive REPLY to comments is allowed

Leave a Reply