XRP Price Analysis: Can XRP Resume Its Rally After Defending Key Support?

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XRP is consolidating after its late-August surge from around $1.00 to nearly $1.70, with the price now hovering near $1.40. The asset has broken above its long-term downtrend and remains above its 100-day and 200-day moving averages, indicating that the broader recovery structure remains intact despite the pullback toward the $1.30 demand zone. The $1.50 region represents the main resistance area that has repeatedly rejected XRP over the past year, while the daily RSI has cooled from overbought levels but remains constructive above 50. Immediate support is identified at $1.25, and a daily close above $1.50 would significantly strengthen the bullish case toward the psychological $2.00 level, whereas losing $1.25 would increase the probability of a deeper retracement.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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