XRP Rally Stalls at $1.60-$1.70 Resistance

XRP's recent rally has hit a roadblock near the $1.60-$1.70 resistance zone, forcing traders to reassess whether the breakout can hold or if the token is headed for a deeper correction.

The pullback from the supply zone has dragged XRP back toward $1.47, with the next few sessions likely to determine whether buyers can defend key technical levels that overlap with the former channel resistance.

On the daily chart, XRP remains structurally stronger following its rebound from the $1.27 region, but the asset's price continues to trade well above the moving averages.

A failure to reclaim $1.55 and push through the $1.61-$1.70 resistance zone could open the door to a broader retracement, with $1.40 becoming the first meaningful level before the $1.27 region comes back into focus.