XRP's Price Pulls Back After Rejection at $1.66

XRP's recent price surge has come to an end for now, with the token trading at $1.46 after being rejected near resistance at $1.66.

The pullback may still have room to run before the broader uptrend resumes, according to technical analysis.

A sharp rally pushed XRP's price into resistance at $1.66 before reversing lower, prompting a corrective phase that could take some time to play out.

Six key support levels are being tracked by analysts: between $1.10 and $1.38, with specific levels at $1.38, $1.29, $1.21, and $1.10.

If XRP fails to hold these levels, a deeper decline toward a larger support area further down could occur.