XRP Stuck Between Two Possible Outcomes as Price Tests Crucial Resistance Zone

XRP is testing a crucial resistance zone between $1.50 and $1.60, where its price action will determine two possible paths for the coming weeks.

The cryptocurrency's current trading range coincides with its 50-week exponential moving average and a horizontal resistance level, making it difficult to predict which scenario will unfold.

According to ChartNerd, XRP can either be rejected from the $1.50-$1.60 zone, leading to a Q4 pullback, or continue upwards towards $1.80-$2.00 before a deeper correction occurs.

To confirm the higher scenario, XRP needs to establish a sustained weekly move above the resistance zone, which would leave the broader corrective structure intact and send price back toward lower support levels during Q4.