XRP Price Needs to Break Through $1.45-$1.51 Resistance Zone for Potential Surge

XRP has been trading around $1.42 after advancing from the lower boundary of a descending parallel channel.

The price has reached the 0.382 Fibonacci retracement at $1.4074, placing it directly above a key resistance area shown on the chart.

To reach its next major level, XRP needs to break through two significant resistance zones: between $1.45 and $1.51, where the 50-week EMA is also located near $1.51.

A sustained move above $1.5128 would put XRP above the highlighted $1.45, $1.51 resistance pocket, making way for a potential surge to $1.70, approximately 19.7% above its current price of $1.42.