XRP Holds Near $1.50 as Key Resistance and Support Levels Define Market

XRP is currently consolidating near the $1.50 mark after a recovery from approximately $1.00. Investors are closely monitoring key levels, with resistance holding below $1.70 and support near $1.45.

On the daily chart, XRP has surpassed its 100-day moving average near $1.25 and its 200-day average near $1.28. The 100-day average is approaching the 200-day average, a potential bullish crossover. The token has tested the $1.60-$1.70 resistance range twice in recent weeks, with its latest attempt in September failing to break through.

A daily close above $1.70 would significantly improve the recovery structure, with the next resistance levels near $2.00 and around $2.40. The higher level aligns with a major high from earlier in the year. The $1.25-$1.30 area combines the two moving averages with a demand zone, and losing that support decisively could lead to a deeper decline toward $1.00.

On the four-hour chart, XRP is moving within a tightening range beneath a descending trendline. Buyers have defended support around $1.45, and a break below that level would weaken the short-term structure, potentially leading to a retracement toward $1.30.