XRP Halfway Back to $3 as Buyers Eye All-Time High
XRP's price has recovered to nearly $1.70, up 30% in August, but it still needs to overcome several layers of resistance to reach its all-time high of $3.84.
The coin currently trades about 64.1% below its ATH and would require a 178.3% rally to get back there.
XRP's immediate battle is near its current price level, with a key resistance zone forming between $1.40 and $1.50.
Breaking through this zone could open the door to $1.53 and then $1.59, but XRP faces an even tougher challenge around $1.65 to $1.70, which has struggled to hold its ground.
If XRP can hold above $1.70, it would significantly improve its chances of extending its recovery, potentially leading to a rally toward the 52-week high near $3.18 and then ultimately to $3.84.