$XRP Faces Third Major Test of $1.65-$1.70 Resistance Zone
$XRP is consolidating near $1.50 after its latest rebound, and the four-hour structure suggests another potential push toward the $1.65-$1.70 resistance zone.
The chart shows this could mark the third major test of the area, with momentum already showing signs of weakening.
A move above the current price would need to clear the 0.236 Fibonacci level at $1.5315, which is also a key support level.
If XRP pushes toward $1.65-$1.70 while its Relative Strength Index (RSI) fails to exceed its previous high, the chart would produce another bearish divergence.
This could indicate that price is making a higher high while momentum makes a lower high, a structure that can appear near the end of an advance.