XRP Hits Key Resistance Zone: Will Bullish Structure Hold?

XRP is currently testing a critical resistance zone as its bullish structure holds.

The asset has been trading well above both moving averages on the daily chart since August's explosive breakout, and has found strong support around the $1.25-$1.32 demand zone before launching another impulsive recovery.

XRP is now consolidating around $1.54 after several attempts to reach $1.60-$1.65 were rejected, suggesting that sellers remain active in this region.

A decisive daily close above the $1.60-$1.70 resistance zone would represent a significant bullish development and could clear the path toward higher levels.