XRP holds $1.50 support after breaking its descending triangle, with $1.62 as the analyst’s upside target. QNT needs an hourly close above $262 to confirm a breakout, with $315 and $344 as th
Three altcoins are drawing attention from analyst Ali Charts as XRP, Quant, and Injective approach technical levels linked to potential breakouts. XRP has moved above a descending triangle resistance line, while QNT needs an hourly close above $262. Meanwhile, INJ is retesting its neckline near $7.33 after breaking from a cup-and-handle pattern.
Ali Charts said XRP appears to have broken above the descending resistance line of a triangle on its four-hour chart. The analyst is watching $1.50 as the key support level.
https://twitter.com/alicharts/status/2107089232552480990?s=20If XRP holds that price, Ali Charts is watching for a move toward $1.62. Therefore, the reaction around $1.50 remains central to the setup.
The analyst also highlighted Quant, which has already posted a strong month. However, Ali Charts said the focus now shifts toward whether QNT can extend those gains.
For Quant, Ali Charts identified $262 as the level that could confirm the breakout. He said an hourly close above that price would put higher levels into focus. The analyst identified $315 as the first target, followed by $344.
QNT therefore has a specific confirmation level before those targets become relevant. Meanwhile, Injective presents a different technical setup. Ali Charts said INJ appears to have broken out from a cup-and-handle pattern.
The token is now retesting the pattern’s neckline near $7.33. Buyers defending that level could keep the setup active, according to the analyst.
Ali Charts said stronger momentum alongside support at $7.33 could point toward $13.40. However, he said he is watching how prices react around the identified levels. The broader market currently is at $2.88 trillion in total cryptocurrency market capitalization, according to TradingView.
Excluding Bitcoin, the market capitalization is $1.17 trillion. TradingView also places the altcoin market at $246.96 billion. Those figures provide the broader market backdrop as XRP, QNT, and INJ approach their respective technical levels.
Source: TradingView
For XRP, the key level remains $1.50, with $1.62 identified above it. Quant needs an hourly close above $262, while $315 and $344 remain the cited levels.
For Injective, $7.33 remains the neckline under observation, with $13.40 as the level identified after a successful defense. Ali Charts said price reactions at these levels will guide his focus on the upside targets.
