The post XRP Reclaims Crucial Bollinger Bands Support: Why $1.35 Breakout Is Bullish Signal for This Weekend appeared on BitcoinEthereumNews.com.

The price of XRP has executed a key technical maneuver and is now confidently breaking above the middle line of the Bollinger Bands at $1.35 on the daily TradingView chart. This event officially moves the digital asset out of a phase of uncertainty into a stage of preparation for an impulsive move — most likely to the upside.  A breakout above the middle band, represented by the 20-day moving average on the daily time frame, is a classic trigger for market participants. In the context of XRP, the $1.35 level acted as resistance throughout the week but managed to turn into support closer to the weekend. XRP/USD daily price chart with Bollinger Bands, Source: TradingView Now, according to the mechanics of the indicator, after a rebound from the central axis, the price will be drawn like a magnet toward the upper band, which is currently positioned at $1.42.  Midnight (NIGHT) Open Interest 100% Spike Could Be Followed, Ethereum’s (ETH) Only Possibility to Reach $3,000, XRP to Face Crucial Resistance Next Week: Crypto Market Review XRP Liquidity Fails To Recover After Massive October Crash March fractal: Why XRP’s 17% rally pattern is reemerging Notably, the current chart configuration mirrors the situation from mid-March 2026. Back then, a similar breakout above the middle line led to a 17% rally in just five days. Right here and now, as long as the price holds above $1.35 per XRP, buyers control the market.  At the same time, the band compression is reaching its limit. In this context, a breakout above the middle line is only the first step, with the second being a push toward the upper boundary.  You Might Also Like The price situation is further supported by developments around the Clarity Act in the U.S. Senate, which could have a favorable impact on XRP…

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Filed under: News - @ April 11, 2026 10:31 am