XRP trades above $1.31 as analyst sets $1.40 breakout target

XRP is trading slightly above $1.31 on the 4-hour chart, holding support at $1.3145 despite recent selling pressure. The current price action has generated renewed interest among market observers as technical levels come into focus. Levi Rietveld, founder of Crypto Crusaders, highlighted that XRP bulls may only be at the beginning of a larger move. He indicated that the recent defense of support levels and continued buyer activity suggest further upside could be on the horizon for the asset. The 4-hour chart, covering roughly two months of trading, shows that XRP surged up to $1.6987 in late August, hitting a major local high. Following this climb, the price faced consistent resistance from a descending trendline that connected lower highs through both late August and mid-September.

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