XRP Breaks Out of a Falling Wedge, Signals Potential Upside Reversal

• XRP broke out of a falling wedge pattern on the 4-hour chart.
• The breakout reflects an early sign of a potential reversal.
• Multiple resistances threaten XRP’s potential move to $2.40.

XRP has signaled a potential upside reversal after breaking above resistance on the lower time frame. An analyst observing the cryptocurrency’s price movement identified the breakout on Friday after a 4-hour candle pushed above the downward trendline.

Interesting… Did $XRP just witness a breakout of its lower time frame resistance?

I'm a little busy this evening so i may be less active than usual. To keep momentum going, here is tonight's technical analysis coverage and my thoughts on current PA.

Enjoy XRP fam pic.twitter.com/Cqs4xutOZI

— ChartNerd (@ChartNerdTA) January 23, 2026

Price Reversal or Fakeout?

According to the analyst, the latest scenario could signal one of…

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