XRP Price Breakout Sets Stage for $1.50, But $1 Risk Lingers

XRP's price surge has left traders hopeful that it could reach $1.50, but there is still uncertainty about whether it can hold above the $1 level.

The token's price jumped by about 16% over the past day to around $1.15 after falling near $0.98 last week.

This move has been significant because XRP broke above a descending trendline that had capped its gains since July 2025, marking the first time it has closed above its daily 50 EMA in more than three months.

Traders are now watching to see whether XRP can hold onto this new level and extend its recovery towards $1.50, but a sustained move below the 50-day exponential moving average could weaken the breakout setup.