XRP Bulls Test Key Resistance at $1.50 Ahead of Potential $1.80 Rally

XRP traders are closely watching the cryptocurrency's price action around $1.50, as it attempts to turn this key resistance level into support.

Crypto trader Dom believes that a sustained move above $1.50 is necessary for XRP to rally towards $1.80, representing approximately 20% upside from the current reference level.

The token has repeatedly encountered selling pressure between roughly $1.48 and $1.55, with its latest recovery moving back into this supply area before sellers returned.

According to CoinGlass data, XRP futures open interest was approximately $3.18 billion, while 24-hour futures trading volume reached about $3.90 billion, indicating significant derivatives market activity.