XRP Stalls at $1.55, Recovery Hinges on Key Resistance Zone

XRP's sharp August rally has stalled near $1.55, leaving its recovery to a key test.

The token gained around 46% over the past week and pushed its market capitalization above $91 billion, but the latest pullback has raised questions about whether the move can develop into a broader trend reversal.

XRP is now trading around $1.4554 after reaching a recent high of $1.5505, with the retreat remaining relatively modest compared to other top 10 cryptocurrencies.