Will XRP price break above the symmetrical triangle as the daily MACD turns bullish?

The price of XRP is at $1.3575 on April 14, down 1.32% on the session, as an equilateral triangle is converging on the daily chart. The daily MACD bullish crossover printed simultaneously, the histogram turning positive for the first time in weeks, adding immediate confirmation to the pattern that has been suppressing the price since early March.

The price of XRP (XRP) is at $1.3575 on April 14, with a 24-hour trading volume of $2.24 billion, as the daily chart shows a balancing triangle pattern that is suppressing the price action between the two trend lines since the beginning of March. The upper descending trendline connects the February high above $1.60, and the ascending trendline extends from the March lows around $1.20. A full MA ribbon sits above the price: SMA 20 at $1.3398, SMA 50 at $1.3792, SMA 100 at $1.5625, and SMA 200 at $1.9222, forming upper resistance at each level. The price is at the top of the triangle, forcing a correction in the nearest direction.

An equilateral triangle on the daily chart shows the market’s indecision since March, with sellers unable to push XRP below the rising trend line and buyers unable to break above the downward trend line. Each successive high has been a low and each successive low has been a high, pushing the range towards the confluence that is now directly priced. Apex-level compression of congruent triangles usually precedes a strong move, and the context of volume during the pattern is important: volume decline within the triangle was followed by volume expansion at the exit of previous XRP patterns.

The MACD (12,26,9) produced a bullish crossover at the same time, with the MACD line crossing above the signal at the daily close. The histogram reads +0.0060, the first positive reading since the pattern began. Both lines remain below zero, which means the macro trend is still bearish, but the crossover inside the triangle at the apex is the most positive short-term signal XRP has produced in the current consolidation period. KuCoin’s technical analysis published on April 8 noted that the MACD bullish crossover in XRP, when accompanied by expanding histogram bars, “could be a potential trend reversal signal” within a broader downtrend.

Key Levels: Support, Resistance, and Price Targets

The SMA 20 at $1.3398 is an immediate dynamic support, which sits below the current price. A daily close below $1.3398 indicates that the SMA has failed to act as a bottom and brings the lower triangle line near $1.30 to its focus as the final structural support.

On the other hand, the SMA 50 at $1.3792 is the first resistance and the level that should be cleared daily to confirm the triangle breakout. A confirmed break above $1.3792 opens $1.5625 as the next target, where the SMA 100 resides. The extended bull case points to $1.9222, the SMA 200 level and the last major reference point before the February high.

A daily close below the low line near $1.30 breaks the triangular symmetrical structure and exposes $1.20 as the next support, which corresponds to the 1.0 Fibonacci level identified by analysts as the key bottom for the current pattern.

Invalidity: daily close below $1.30.

On-Chain and Market Data Context

Open interest for XRP futures has fallen sharply from $10.94 billion in July 2025 to about $2.45 billion currently, according to Coinglass data, reflecting a sharp reduction in speculation from the previous nine months. This reduction in open interest reduces the risk of a liquidation-driven breakup and creates a clean set-up for a technical breakup at low leverage. XRP ETF inflows recorded nearly $3.3 million in inflows on April 12, significantly outpacing Bitcoin and Ethereum ETFs in the same session despite broad risk aversion conditions.

The SEC CLARITY Act roundtable scheduled for April 16 is an imminent trigger that could introduce a new directional shift for XRP. The bill, which will establish XRP’s status as a digital asset as a permanent state law, is expected to have a strong influence on market analysis in the future.

If XRP holds above $1.3398 daily and the MACD histogram continues to grow, the test of the triangle of the symmetrical upper trendline and the SMA 50 at $1.3792 becomes the main immediate target, which opens $1.5625 for a confirmed break above it.