XRP has recovered from August lows near $1.00 to trade around $1.42, reclaiming the $1.30 zone as support. The price is trapped below major resistance at $1.50, a level that has repeatedly rejected advances. A decisive daily close above $1.50 could expose the recent swing high near $1.70 and the critical $1.90‑$2.00 area. The daily RSI at 54 indicates buyers have regained an advantage without entering overbought territory. XRP is consolidating above both the 100‑day and 200‑day moving averages, with investors awaiting a potential bullish crossover between the two for additional confirmation. On the 4‑hour chart, the immediate resistance is the same $1.50 zone, while initial support is $1.34, corresponding with the 0.5 Fibonacci retracement. Below that, the $1.25 area combines the 0.618 Fibonacci level with a bullish order block. Repeated rejection from $1.50 could produce a deeper pullback toward $1.25 or lower in the coming weeks.
The daily chart shows a significant bullish impulse from the $1.00 area, followed by consolidation above the former resistance around $1.30. XRP has reclaimed the $1.30 zone, which now serves as an important support level. The main obstacle above the current price is the $1.50 resistance zone. A decisive daily close above this region would strengthen the bullish structure, potentially exposing the recent swing high near $1.70 and the critical $1.90‑$2.00 zone.
Momentum has improved, with the daily RSI around 54. This indicates buyers have regained an advantage without the market being overbought, leaving room for another upside attempt. The market is consolidating above both the 100‑day and 200‑day moving averages. Investors are awaiting a potential bullish crossover between the two moving averages for additional confirmation that the bear market bottom is already in.
The 4‑hour chart provides a clearer picture of the current consolidation. After the explosive move higher, XRP initially spiked toward $1.70 before retracing sharply, then consolidated around the $1.30‑$1.40 region and is now pressing back toward $1.50. The immediate resistance is the same daily $1.50 zone, which has acted as a supply area multiple times. On the downside, the $1.34 level is the first important support, corresponding closely with the 0.5 Fibonacci retracement.
Below $1.34, the $1.25 area combines the 0.618 Fibonacci level with a bullish order block. This would be the key area for buyers to defend. The recent price action suggests XRP is building pressure beneath resistance rather than immediately reversing lower. However, repeated rejection from $1.50 without a breakout could produce a deeper pullback toward $1.25 or even lower in the coming weeks.
