XRP breaks out as analysts eye $1.60 target

4 Markets

Sep 14, 2026

XRP broke above $1.38, signaling a potential rally to $1.60. Trading volumes and technical patterns support a bullish outlook, though some higher targets face skepticism.

XRP has recently shown strong bullish momentum, breaking through key resistance levels and drawing significant attention from analysts and traders. On September 14, XRP surpassed the $1.38 mark, reaching $1.387. This move is seen as a critical breakout point that could trigger a rally toward $1.60. Trading volumes surged by 153% to $2.7 billion, with notable increases in futures and options activity. Technical indicators, such as a descending triangle and a support zone between $1.31 and $1.35, are being closely watched. A sustained close above $1.38 is considered confirmation of the breakout. Meanwhile, XLM also broke above its descending resistance, with XRP potentially following a similar path. Some analysts have set even higher targets, including one predicting a $10 price, though the community remains skeptical. Overall, XRP’s recent price action and technical signals point to a bullish outlook, with $1.60 as the next major target if momentum continues.