XRP price reached $1.3575 on April 14, down 1.32% during the session, as the symmetrical triangle is converging towards its peak on the daily chart. A daily bullish MACD crossover occurred simultaneously, with the histogram turning positive for the first time in weeks, adding confirmation of momentum to a pattern that has been pressuring the price since early March.
summary
- XRP price is trading at $1.3575 on April 14, down 1.32%, as the symmetrical triangle on the daily chart is narrowing with the upper descending trend line from the February highs and the lower ascending trend line from the March lows converging at the top.
- The daily MACD (12,26,9) produced a bullish crossover with the histogram at +0.0060, while the MACD line at -0.0112 crossed above the signal at -0.0171. Both lines remain below zero.
- A daily close above the 50 SMA at $1.3792 confirms the triangle breakout and opens $1.5625 as the next resistance level; A daily close below the lower trend line near $1.30 invalidates the bullish case.
ripple (XRP) The price reached $1.3575 on April 14, with a 24-hour trading volume of $2.24 billion, with the daily chart showing a symmetrical triangle pattern that has been compressing the price action between two converging trend lines since early March. The upper downtrend line connects the February highs above $1.60, and the lower uptrend line connects the March lows near $1.20. The full MA bar is located 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 general resistance at each level. The price is located at the apex of the triangle, forcing an imminent directional decision.
The symmetrical triangle on the daily chart reflects market indecision since March, with sellers unable to push XRP below the ascending lower trend line and buyers unable to break above the descending upper trend line. Each successive high was lower and each successive low was higher, compressing the range towards a convergence point that is now right at the price. A squeeze at the top level in symmetrical triangles is usually preceded by a strong directional move, and the context of volume during the pattern is important: a decline in volume within the triangle has been followed by an expansion in volume on the breakout in 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 chart reads +0.0060, which is a positive reading for the first time since the trend began. Both lines remain below zero, meaning the overall trend is still bearish, but the crossover within the triangle at the top is the most constructive short-term momentum signal that XRP has produced in the current consolidation period. A KuCoin technical analysis published on April 8 noted that a bullish MACD crossover in XRP, when accompanied by expanding chart bars, “could be a potential trend reversal signal” within the broader downtrend.
Key levels: support, resistance and price targets
The 20 simple moving average at $1.3398 is an immediate dynamic support, and is located just below the current price. A daily close below $1.3398 indicates that the simple moving average has failed to act as a floor and puts the lower trend line of the triangle near $1.30 in focus as the last structural support.
On the upside, the 50 SMA at $1.3792 is the first resistance level and the level that must be surpassed on a daily closing basis to confirm a triangle breakout. A confirmed break above $1.3792 opens $1.5625 as the next target, where the 100 SMA lies. An extended bullish case indicates $1.9222, which is the 200 SMA level and the last major reference before the February highs.
A daily close below the lower trend line near $1.30 breaks the symmetrical triangle structure and exposes $1.20 as the next support, matching the Fibonacci 1.0 level that analysts have identified as the key floor below the current pattern.
Invalidation: Daily close below $1.30.
Market data context and chain
Perpetual futures contracts for XRP have open interest He falls has sharply increased from a peak of $10.94 billion in July 2025 to roughly $2.45 billion currently, according to Coinglass data, reflecting a significant decline in speculative positions over the past nine months. This reduction in open interest reduces the risk of a liquidation collapse and creates a cleaner setup for a technical breakout with less leverage. XRP ETF Flows registered Nearly $3.3 million in net inflows on April 12, significantly outperforming Bitcoin and Ethereum ETFs in the same session despite broader risk-off conditions.
The SEC CLARITY Roundtable scheduled for April 16 is a near-term catalyst that could lead to new directional volatility for XRP. The bill, which would establish the digital commodity status of XRP as permanent federal law, is expected to dominate market commentary ahead of the session.
If XRP settles above $1.3398 on a daily close basis and the MACD histogram continues to expand, a test of the upper trend line of the symmetrical triangle and the SMA 50 at $1.3792 becomes the primary near-term target, with $1.5625 opening on a confirmed break above it.
