XRP (XRP) Price: Historic Chart Formation Returns With 66% Rally Potential

Table of Contents As of early May 2026, XRP is hovering between $1.39 and $1.41, maintaining a consolidation phase following its recent test of near-term resistance levels. Technical analysts are increasingly focused on striking parallels between current price behavior and a formation that materialized in mid-2025. The 2025 configuration — characterized by a bull flag structure combined with a bullish exponential moving average crossover — catalyzed a powerful 66% advance within a fortnight, propelling XRP from approximately $2.21 to its peak of $3.66. The current technical landscape appears to be replicating that earlier template. XRP has successfully cleared a comparable bull flag formation, while the 20-day and 50-day exponential moving averages are approaching a potentially bullish intersection. Technical analyst Jack Straw observed on Tuesday that XRP is “building strength above the $1.40 threshold, maintaining solid footing above its 100-hour simple moving average,” noting that “a decisive push through $1.420 may initiate the subsequent upward phase.” Meanwhile, analyst Sam Mti identified a buy signal generated by the MTI indicator, characterizing the formation as “promising” with capacity to touch $1.45 provided $1.40 remains intact. 📈XRP is gaining momentum above $1.40, holding firmly over its 100-hour SMA. A bullish trend line is forming at $1.3920, and a clean break above $1.420 could trigger the next leg up. 🚀 Meanwhile, trading #XRPL tokens just got a serious upgrade with DEX Pro — built for speed,… pic.twitter.com/z2O724dkNv — Jack Straw (@JackStr42679640) May 5, 2026 Should the 66% fractal pattern repeat from present price levels, a projection toward approximately $2.35 becomes mathematically viable. Among the most compelling evidence supporting the bullish thesis is XRP’s 90-day spot taker cumulative volume delta (CVD). This indicator calculates the net difference between aggressive buying and selling volume across a three-month window. The metric transitioned into positive territory on May 1, coinciding precisely with XRP‘s penetration above the $1.38 resistance threshold. A comparable CVD transition occurred in June 2025, which subsequently preceded a 70% price appreciation. CryptoQuant analyst Amr Taha drew attention to a pronounced positive spike in open interest delta, which registered $27 million on May 1. “When this metric elevates concurrent with ascending prices, it typically indicates traders are expanding their exposure as bullish momentum initiates its return,” Taha explained. On the daily timeframe, an additional symmetrical triangle configuration is taking shape. This technical structure features two converging trendlines that constrain price movement until a decisive breakout materializes. A sustained advance beyond $1.45 would authenticate this pattern and establish a measured move objective near $1.90 — calculated by projecting the triangle’s vertical height. Subsequently, the $2.00 psychological barrier represents the following technical milestone. Momentum oscillators are aligning favorably as well. The Supertrend indicator has transitioned to green, confirming a directional shift. The MACD is approaching a bullish crossover point, which, upon confirmation, would provide additional technical validation for upward movement. The critical requirement for maintaining setup validity is sustained support above $1.40 — representing both the bull flag’s upper boundary and the 50-day simple moving average.