XRP Eyes $1.40 as Analyst Identifies Key $1.31 Breakout Level

1 hour ago 2 sources neutral

Key takeaways:

  • XRP traders should wait for daily close above $1.31 to avoid false-breakout risk.
  • XRP's unconfirmed MACD crossover suggests momentum lag; watch confirmation before chasing $1.40.
  • XRP's absence from Binance hot-wallet outflows may ease exchange-supply concerns, supporting sentiment.

XRP could be approaching a breakout, with analyst Steph Is Crypto identifying a daily close above $1.31 as the key confirmation level. The setup was published by Coin Edition on October 30, 2026.

If XRP clears that threshold, the first upside target stands at $1.40, based on a downward resistance trendline extending from September. Steph Is Crypto said a break above $1.40 could lead to $1.44 and $1.50, with higher levels also possible in his short-term forecast. Those targets depend on a daily close above $1.31, preferably near $1.32.

A bullish XRP MACD crossover was expected within 24 hours but remained unconfirmed at the time of reporting. XRP was also absent from the reported list of assets involved in the Binance hot-wallet outflows.

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