XRP has sharply recovered from its August lows against USDT, breaking above the descending channel and reclaiming the 100-day and 200-day moving averages located around $1.15 and $1.30 respectively. The token reached a local high near $1.70 before retracing to approximately $1.41, with major resistance now concentrated between $1.45 and $1.55. The RSI entered overbought territory above 75 during the breakout and has since pulled back, raising the risk of deeper retracement if XRP fails to hold above $1.50. Against Bitcoin, XRP briefly surpassed 2,000 sats before being rejected and falling back below its 200-day moving average located just above 1,800 sats. The key support to watch is around 1,700 sats; losing this level would expose a deeper fair-value-gap area.
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