$1.8 or Bust: XRP's Next Major Level

XRP has been experiencing a recent recovery in price, and crypto developer Bird is optimistic about its future prospects. In a tweet, Bird outlined his analysis of XRP's technical setup, which could determine whether the cryptocurrency extends its recovery toward $1.80.

Bird's analysis focuses on XRP's ability to stay above a descending trend line that connects several previous highs and has served as a broader resistance reference during the period covered by the chart. According to Bird, XRP needs to stay above this trend line before attempting to move higher.

He highlighted the area around $1.50 as an important near-term zone before the next potential move, and noted that if XRP moves through $1.80 without a significant rejection, it could begin moving much faster. This makes the level an important point for determining whether the current recovery develops into a stronger upward move.

Market participants are watching $1.40 closely, as it has historically been a resistance level for both the high and the low. With XRP currently trading at approximately $1.51, Bird's immediate focus remains on whether XRP can sustain its position above this threshold and close above the level.