XRP Bullish Rally Signal: Falling Wedge Breakout Looms Near $1.40

Crypto analyst Maxi says a major bullish XRP price rally may be imminent as XRP tests a key technical inflection zone. The thesis is based on a large falling wedge formed since XRP peaked near $3.80 in Oct 2025. After a prolonged downtrend, price tightened toward the wedge apex around the current ~$1.40 area, after sliding to about $1.20 before stabilizing. In classical technical analysis, falling wedges often resolve upward when buyers reclaim control and price breaks above descending resistance with strong volume. Maxi marks the expected move with a “rocket” on the long-term chart, implying XRP’s compression phase could shift into a sustained breakout. However, traders remain split. Some see the pattern as a textbook bullish reversal for XRP recovery. Others argue XRP has repeatedly produced “imminent rally” calls that failed to follow through, and that broader market forces—such as Bitcoin dominance and overall crypto risk appetite—can override chart patterns. For traders, the immediate focus is confirmation. The $1.40 region is the near-term pivot, while wedge resistance caps upside. A decisive break above resistance with rising volume would strengthen the bullish XRP rally case. Without that confirmation, XRP could extend consolidation or revisit lower liquidity zones.