In a new market update, analyst Cilinix Crypto focused on XRP argues that the token is still poised for an upside move this quarter, even after two failed breakout attempts and soft broader market momentum.
The commentary centers on a tight trading range, key volume-weighted average price (VWAP) levels, and how Bitcoin’s cooling rally is capping XRP’s near-term prospects.
Two Failed Breakouts, But Structure Still Not Bearish
Cilinix Crypto revisits XRP’s recent rejection around $1.46, describing it as the second “major failed breakout” from the current consolidation range. Price briefly traded above the range high, but the move quickly faded, which the analyst largely attributes to overall “market weakness.”
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Despite that, the chart is not being read as bearish.
On higher timeframes, XRP is still putting in higher lows and recently bounced cleanly from the previous month’s VWAP around $1.30. On that basis, the analyst says they are “about 70, 75% certain” that XRP will eventually push up toward the previous quarter’s VWAP sometime in Q2, roughly over the next month and a half.
Key Levels: $1.46 Breakout, $1.38 Setup, $1.33 Buy Zone
For now, the expectation is that XRP will “stay within the consolidation range” rather than stage an imminent breakout. The upside line in the sand remains $1.46. The analyst has set s at that level and stresses that a “high-volume breakout” above it would be actionable even if it contradicts their base case.
On the downside, two price zones stand out.
First, around $1.38, which is flagged as a tactical trading area that could serve as support or, under the right conditions, a short entry if XRP breaks down through it, with a target near $1.33. Second, the analyst highlights $1.33 as a “naked” previous month value area low that has not yet been tested and is being watched specifically as a potential buy level.
At the moment, XRP is described as “in the middle of the range” and “not interesting” for fresh entries, with the analyst favoring patience and s over active positioning.
ETF Flows Help Sentiment, Not Price — Yet
The update also notes roughly $40 million in crypto ETF inflows this week, calling that “nice to see” and broadly supportive. However, analyst Cilinix Crypto underlines that markets have “not really noticed a reaction” to those flows, making the data more of a background tailwind than a trading signal.
The takeaway is that XRP’s structure remains constructive but range-bound. Direction in the near term is being driven far more by technical levels and Bitcoin’s stalled momentum than by new fundamentals, with the real opportunity likely emerging only if $1.46 breaks convincingly or if price revisits the $1.33–$1.38 zone.
People Also Ask:
The analyst does not view the chart as bearish, citing higher lows and strong VWAP reactions, but expects continued consolidation in the short term.
A sustained, high-volume move above $1.46 is described as the critical breakout signal to watch.
Around $1.38 for tactical trades and approximately $1.33 as a key buy zone tied to a previous month value area low.
ETF inflows, around $40 million this week, are seen as positive background sentiment but not yet driving noticeable price action in XRP.
