XRP Tests Bull Flag Breakout Level at $1.47-$1.50

XRP has returned to the upper edge of its four-hour correction and is testing the $1.47-$1.50 breakout area.

A close above the descending channel would confirm the initial breakout, but the first retest and the failed $1.55 pivot will determine whether the move develops into a broader recovery.

The chart shows XRP challenging the upper boundary of the downward-sloping channel on the four-hour chart.

XRP was trading near $1.46 at the time of writing, after gaining approximately 6% over 24 hours.