XRP Breaks Above Key Resistance at $1.43

XRP has broken above the $1.43 resistance level, a key technical barrier that now puts the next hurdle at $1.53 in focus. According to CryptoRank, this breakout is supported by bullish momentum indicators such as RSI and MACD.

ChartNerd notes that XRP faces its 50-week EMA rejection level, a level seen in 2022. The token has extended its recent rally, breaking above key resistance and holding firm above its major moving averages.

The next step for bulls is to clear the $1.53 resistance, which could set up a retest of the recent high near $1.70. On the downside, losing the current range sends price back toward $1.34 at the 0.5 Fib level.