XRP Stalls at $1.69 After 60% Weekly Surge, Focus Shifts Lower
XRP rose by 60% in just one week to reach $1.69 before retreating back to around $1.55, where it met a May swing high that now comes into play.
The token's failed first push at $1.70 doesn't settle the question at this level but instead shifts the focus lower. If XRP can make $1.55 behave like support, a return to its January level will carry more weight than the initial spike into it.
A return to $1.70 becomes more convincing if XRP can spend time around $1.55 without attracting another aggressive buildup in open interest and with spot activity remaining present.