XRP is trading above $1.50 after encountering selling pressure at a major resistance zone. The broader recovery structure remains in place, though recent price action suggests consolidation near current levels.
Daily Chart Analysis
On the daily timeframe, XRP recovered from the $1.25–$1.32 support zone and reached the $1.61–$1.70 resistance area. A long upper wick and subsequent bearish candles indicate substantial selling pressure at this barrier, with the price retreating toward $1.53.
XRP remains above both displayed moving averages. The orange average has flattened around $1.28, while the yellow average is rising toward $1.22, suggesting reduced downward momentum. However, these averages have yet to complete a bullish crossover, and the recent rejection indicates that a sustained breakout remains unconfirmed.
An advance would first need to overcome recent highs around $1.56–$1.58 before challenging the $1.61–$1.70 resistance zone again. A break above that zone could open the way toward the $1.81–$1.94 supply area. An extended correction would bring the $1.25–$1.32 demand zone back into focus, with the orange moving average providing additional confluence.
4-Hour Chart Outlook
The 4-hour chart shows a clearer loss of bullish momentum. Since reaching the $1.61–$1.70 supply zone, XRP has formed successive lower highs, while recent rebounds have struggled to hold above $1.52–$1.55. The price is consolidating near $1.52, just above recent lows around $1.47.
If XRP breaks beneath these lows, the $1.43–$1.45 demand zone would become the next important support area, sitting near the base of the earlier bullish acceleration. A decisive breakdown would weaken the recovery structure and expose lower support around $1.38, followed by the broader $1.25–$1.32 demand zone.
For buyers to regain control, XRP needs to reclaim the $1.52–$1.55 resistance area and interrupt the sequence of lower highs. Such a recovery could support another test of $1.60–$1.62, though sustained acceptance above the $1.61–$1.70 supply zone would be necessary to confirm bullish continuation.
