XRP Breaks Above Key Support Level, Traders Eye $1.46

XRP is showing signs of life as it climbs 4% in value over the past day, reaching $1.43 per unit.

This gain comes after a period of relative stability, with XRP trading at $1.40 and above for several days.

Analyst Ali Charts has identified a descending triangle forming on the hourly chart, which could potentially lead to a breakout towards $1.46 if a close above $1.40 is confirmed.

Trader Bird notes that XRP is currently sitting at a key support level, with a bullish sentiment forming among traders.