XRP Eyes Fierce Move to $1.80 as Key Level Looms

XRP is once again pushing towards the $1.50 level, a key threshold that has repeatedly halted its advances for months.

Crypto trader Dom (@traderview2) notes that testing the three-month and six-month rolling volume-weighted average prices (rVWAPs) as support this week was a positive sign, but flipping $1.50 from resistance into support is still crucial.

According to Dom, 'flipping $1.50 to support is still the only thing that matters here in the immediate.' A successful move could open the door for a significant price increase to $1.80 or higher.

XRP has been trapped beneath the $1.48-$1.55 region since February, with several attempts to break through being rejected. The latest rally saw XRP briefly push above this area before sellers forced the price back below $1.50.