Key Takeaways
- XRP is replicating a chart formation from 2025 that preceded a 66% surge to $3.66
- Bulls are focused on maintaining the breakout above the crucial $1.40 threshold
- Daily chart reveals a symmetrical triangle suggesting potential movement to $1.90, followed by $2
- Spot taker CVD turned bullish on May 1, indicating buyers have regained dominance
- Open interest delta surged to +$27 million on May 1, signaling renewed derivatives activity
XRP is hovering around the $1.39–$1.41 range in early May 2026, maintaining consolidation following tests of recent peaks. The current price behavior is capturing the focus of market observers who recognize parallels to a technical formation that materialized during mid-2025.
That earlier 2025 configuration — characterized by a bull flag accompanied by a positive EMA crossover — generated a 66% advance within a two-week window, propelling XRP from approximately $2.21 to its present all-time peak of $3.66.
The current technical landscape is retracing identical steps. XRP has completed a breakout from a comparable bull flag formation, while the 20-day and 50-day exponential moving averages are converging toward a constructive crossover.
Market analyst Jack Straw observed on Tuesday that XRP is “building strength above the $1.40 mark, maintaining solid footing above its 100-hour simple moving average,” further stating that “a decisive push past $1.420 could catalyze the subsequent upward phase.” Fellow analyst Sam Mti identified a buy indication from the MTI indicator, describing the configuration as “appearing favorable” with capacity to approach $1.45 provided $1.40 remains intact.
Should the 66% fractal pattern duplicate from present price levels, a projected target of approximately $2.35 emerges as realistic.
Accumulation Resumes as CVD Shifts Positive
Among the most compelling data supporting the optimistic outlook is XRP’s 90-day spot taker cumulative volume delta (CVD). This indicator tracks the net difference between aggressive buy and sell volume across a three-month period.
The metric transitioned to positive territory on May 1, coinciding with XRP‘s breakout above the $1.38 resistance barrier. A comparable CVD reversal occurred in June 2025, which subsequently led to 70% appreciation.
CryptoQuant analyst Amr Taha noted a pronounced positive spike in open interest delta, which registered $27 million on May 1. “When such readings emerge during rising price action, it frequently indicates that market participants are expanding positions as bullish momentum starts to rebuild,” Taha explained.
Symmetrical Triangle Formation Suggests $1.90 Move
Examining the daily timeframe reveals another technical structure taking shape: a symmetrical triangle pattern. This configuration features two converging trendlines that squeeze price action until a directional breakout materializes.
A sustained advance beyond $1.45 would confirm this pattern’s resolution and establish a measured move objective near $1.90 — calculated from the triangle’s vertical height. Following that milestone, the psychologically significant $2 threshold represents the subsequent resistance zone.
Momentum gauges are aligning supportively as well. The Supertrend indicator has switched to green, confirming a trend reversal. The MACD is approaching a bullish intersection, which upon confirmation would provide additional technical validation for continued upside.
For the bullish scenario to remain intact, price must maintain support above $1.40 — representing both the bull flag’s upper border and the 50-day simple moving average.
