- XRP is holding its gains above $1.450 after a steady climb.
- If the price clears the $1.480 resistance, it could target a major breakout toward $1.50.
XRP is currently showing strong price action as it stabilizes above the $1.450 mark. Traders are now watching for a move past $1.480 to confirm a potential run toward the $1.50 psychological level.
Buyers Keep Control
XRP followed Bitcoin and Ethereum in a recent move higher. It cleared several resistance levels and reached a high near $1.4798. The price is currently trading above $1.4550. It also sits above its 100-hourly moving average.
A strong trend line is forming on the hourly charts. This line provides support near $1.410. As long as XRP stays above this level, the outlook remains positive for further gains.
The price faces a small challenge at $1.480. If it stays above this point, the next major goal is $1.4850. Beyond that, the focus shifts entirely to the $1.50 psychological level.
If the price moves past $1.50, it could quickly target:
- $1.5250
- $1.5320
- $1.550 (The next major hurdle)
Support and Downside Risks
If the price fails to break $1.480, it might dip. The first support level to watch is $1.450. A drop below that could lead the price toward $1.4325.
If the decline continues, the $1.410 trend line will be the most important floor. Technical indicators currently show that buyers are still active. The RSI is above 50, and the MACD is moving deeper into the green zone.
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