XRP Faces Crucial Resistance as Rally Hits $1.50 on USDT Pair

XRP has staged a significant recovery from the $1.00 area, breaking above its long-standing descending structures on both the USD and BTC charts. However, this rally is now facing major resistance.

The asset broke above its broad descending channel after finding support around $1.00 on the USDT pair. It has since reclaimed the 100-day and 200-day moving averages, located around $1.2 and $1.3, respectively. The move above $1.3 has turned both of these former resistance elements into near-term support.

The rally is now testing the critical $1.50 resistance zone on the USDT pair. A daily breakout above $1.50 could open the door toward the $1.80-$1.90 area, but a rejection followed by a move below $1.30 would weaken the breakout structure and raise the risk of a deeper correction.

On the XRP/BTC daily chart, it is evident that the price has attempted to break out of its broad descending channel after bottoming near 1,500 sats. However, unlike the USDT pair, the breakout has so far failed. The pair briefly pushed above the channel’s upper boundary before printing a large rejection wick, signaling that sellers remain active around this resistance.