XRP Hovers Near $1.50 as Support Holds Amid Fundamentals Boost

XRP has managed to hold above a critical support level after a recent pullback driven by liquidation, with several underlying fundamentals indicating renewed upside momentum.

The price of XRP briefly dropped below its previous quarter's value area high near $1.43 during the liquidation spike, initially signaling a possible local top forming.

However, since then, the price has held above that level, which traders are treating as the most important technical marker in the current setup.

A confirmed break below $1.43 would hint at the recent high being a local top, while holding the level keeps the door open for a push toward the next target at $1.82.