Ripple Faces Crucial Resistance Ahead of Potential Rally

Ripple's price is hovering around $1.44 as of this writing, down about 1.8% on the day but still above a key support level that capped its late-August consolidation.

The token remains up about 27% over the past month, despite being modestly down on the week.

XRP's technical structure is worth examining, especially given the cautious risk appetite returning to major markets.

To confirm a rally continuation, Ripple must clear resistance levels at $1.47-$1.55 and maintain volume.