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Coinpress > Blog > Cryptocurrency > XRP Breakout Call Puts $1 Target Back In Focus As Price Loses Support
Cryptocurrency

XRP Breakout Call Puts $1 Target Back In Focus As Price Loses Support

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Last updated: May 23, 2026 6:41 pm
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3 months ago
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XRP is back under pressure after analyst Ali Martinez said a breakout has been confirmed on XRP, turning market attention toward the downside target from the same range traders had been watching for weeks.

The move follows a setup Martinez had previously framed around a tight XRP compression zone. His earlier chart placed the key range between roughly $1.35 support and $1.45 resistance, with a confirmed break above $1.45 opening the door toward $1.80 and a break below $1.35 exposing a move toward $1.


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That lower break is now the level drawing attention. XRP is trading near $1.35, down on the day and about 5% lower over the past week. CoinGecko data places the 24-hour range between roughly $1.31 and $1.35, meaning price has already tested below the support area that bulls needed to defend.

The breakout call does not guarantee a full move to $1. Technical targets depend on follow-through, volume, Bitcoin’s direction, broader altcoin liquidity and whether buyers reclaim the broken range quickly. Still, the structure is now more defensive than it was when XRP was pressing against the upper side of its triangle.

$1.35 Becomes The Line Bulls Need Back

The $1.35 area now matters because it has shifted from support into a potential resistance line. If XRP cannot recover that level and hold above it, traders are likely to treat rebounds as retests rather than fresh upside momentum.

The first downside zone sits around the latest intraday low near $1.31. A loss of that area would leave XRP exposed to the wider breakdown target near $1, especially if Bitcoin remains weak and large-cap altcoins continue to trade with thin bid support. That would mark a deeper reset from the earlier $1.45 breakout conversation and would likely delay any quick return to the $1.80 target.

The bullish path is still visible, but it now needs repair. XRP would first have to reclaim $1.35, then move back into the prior range, then clear the $1.45 to $1.46 zone that repeatedly capped upside attempts earlier in May. Without that sequence, the market is likely to keep pricing XRP as a failed breakout rather than a confirmed bullish continuation.

The move also weakens the earlier summer range case that depended on XRP holding the $1.45 area and building toward $1.65 before a stronger test of $1.80 to $2. The current chart has not invalidated the broader XRP story, but it has pushed the near-term focus away from upside extension and back toward support defense.


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Bitcoin And Liquidity Decide The Follow-Through

XRP’s next move also depends on the wider market. Bitcoin is trading near the mid-$75,000 area after a weak week for risk assets, while U.S. spot Bitcoin ETF outflows have kept pressure on crypto liquidity. When Bitcoin struggles and Ethereum, Solana and XRP weaken faster than BTC, altcoin breakouts often lose follow-through quickly.

That is the main risk for XRP now. A bearish technical break can accelerate if leveraged longs unwind, liquidity thins and traders stop defending nearby support. It can also fail quickly if Bitcoin stabilizes and XRP reclaims the broken range with strong spot volume.

For traders watching the chart, the levels are clear. XRP needs to recover $1.35 first, then $1.45, before the $1.80 upside target becomes relevant again. If the token stays below $1.35 and loses the $1.31 area, the $1 target from Martinez’s earlier range map becomes the next major downside magnet.

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