XRP is attempting to stabilize around $1.40 after a sharp correction from its September highs. The $1.30 support level has already proven crucial, having attracted buying and triggered a rebound. The $1.45 resistance, aligned with a descending trendline, remains the major obstacle to a sustained recovery. Daily RSI below the neutral 50 level and the converging 100-day and 200-day moving averages near $1.30 underscore the importance of this threshold for the short- to mid-term trend. A decisive break above $1.45 could allow a return toward $1.60, while renewed loss of $1.30 support would expose the asset to a deeper correction.
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