XRP's Third Test of $1.70: Will Momentum Hold or Will the Rally Fizzle?

XRP is consolidating near $1.50 after its latest rebound, with its four-hour chart suggesting another potential push toward the $1.65-$1.70 resistance zone.

The chart indicates this could mark the third major test of the area, with momentum already showing signs of weakening.

The nearest resistance sits around $1.53, marked by the 0.236 Fibonacci level, and a move above this area would open the way toward the larger resistance band beginning around $1.64.

If XRP pushes toward $1.65-$1.70 while its RSI fails to exceed its previous high, the chart would produce another bearish divergence, indicating that price is making a higher high while momentum makes a lower high, a structure that can appear near the end of an advance.

The structure would change materially if XRP pushes above roughly $1.80 while RSI also breaks above its previous momentum high.