XRP Grabs Support at $1.50 Amid Broader Price Action

The value of XRP is currently holding firm near $1.50, supported by both psychological and technical indicators. According to the latest data from Moomoo, this level has been tested recently during profit-taking and end-of-quarter adjustments.

A broader support cluster is present between $1.28 and $1.41, which aligns with the 20-day, 50-day, and 100-day exponential moving averages. Losing the critical breakdown level of $1.28 could lead to a deeper slide toward the $1.00 psychological mark.

On the upside, an overhead ceiling is present between $1.60 and $1.66, where recent rallies faced selling pressure and long liquidations. A confirmed daily close above $1.70 would invalidate short-term bearish double-top risks.