Crypto
XRP Breaks Above Channel Resistance Amid Strong Momentum
XRP has broken above its descending 4-hour channel at $1.37 and is now testing resistance between $1.50 and $1.53.
The momentum remains strong, but cautious, with the 14-day RSI at 66.22, below overbought levels.
Key upcoming catalysts include the US Senate vote on the CLARITY Act and inflation data, which could influence XRP's next move.
A sustained close above $1.53 could open the way to $1.70 and $1.80, while failure to hold $1.37 risks a drop toward $1.30-$1.24 support levels.