XRP Reclaims $1.4 Support as Bulls Push Toward $1.6
XRP has regained $1.4 and flipped it into support, improving the near-term bullish setup. Traders are now watching $1.6 as the next key resistance, with $2 as a higher target if momentum persists.
The latest read highlights buyer dominance in the volume profile and weaker sell pressure on the order book. On the technical side, XRP’s weekly MACD is expanding faster and RSI has turned upward after a prolonged downtrend, pointing to improving weekly momentum.
However, history shows XRP rejected $1.6 twice before, making this a possible third attempt. If XRP holds $1.6 on retests and follow-through volume arrives, the move could extend toward $1.6 then $2. If $1.6 fails, traders may expect a rejection back toward the $1.4 area and potentially lower support levels.
Bullish
XRP reclaimed $1.4 and turned it into support, while weekly momentum indicators (RSI up and MACD bullish/expanding) suggest a strengthening trend. The added confirmation from the latest article—buyer dominance in volume and reduced sell pressure—raises the probability of a successful break attempt.
In the short term, traders should treat $1.6 as the decisive level: a hold and acceptance above it would likely extend gains toward $1.6 then $2. If price repeatedly rejects $1.6, the market could rotate back to $1.4, keeping XRP range-bound or pulling sentiment down.
Longer-term, a weekly shift toward bullish momentum improves the odds that the move is more than a brief bounce, but follow-through volume remains the key requirement for sustaining upside.