XRP Faces Crucial Resistance Test at $1.65-$1.70
XRP is currently consolidating near $1.50 as it approaches its fourth hour structure, which suggests another potential push toward the $1.65-$1.70 resistance zone.
The asset's chart indicates this could be the third major test of the area, with momentum showing signs of weakening.
XRP's four-hour chart shows price consolidating near $1.50 below resistance at $1.53 and the broader $1.65-$1.70 zone. RSI is recovering but remains beneath a descending momentum trendline, while downside support sits near $1.43, $1.26, $1.10, and $0.87.
If XRP pushes toward $1.65-$1.70 while RSI fails to exceed its previous high, the chart would produce another bearish divergence, indicating a potential correction in the asset's momentum.