XRP must break $1.40 to signal trend reversal, says CoinDesk

While XRP has broken through a resistance level on the back of high trading volume and whale buying, it is too early to confirm a trend reversal, CoinDesk reported. The analysis noted that XRP rose from $1.32 to $1.38, clearing the $1.325-$1.33 resistance zone, with the move sustained by continuous buying pressure rather than a temporary spike. However, the cryptocurrency is still trading within a downward trend channel, preventing it from being considered a structural reversal. According to the report, the $1.40-$1.42 range is the true test, and a break above this level would signal a meaningful change.