Ripple Price Analysis: XRP Maintains Bullish Structure After Defending Key Support

XRP is trading above $1.50 following a rejection from a major resistance zone. While the broader recovery remains intact, the recent sequence of lower highs suggests that buyers may need to defend nearby demand before attempting another advance. XRP Price Analysis: The Daily Chart On the daily timeframe, the asset’s recovery from the $1.25–$1.32 support zone carried the price into the $1.61–$1.70 resistance area. However, the long upper wick and subsequent bearish candles indicate substantial selling pressure at this barrier, with the price gradually retreating toward $1.53. Despite this pullback, XRP remains above both displayed moving averages. The orange average has flattened around $1.28, while the yellow average is rising toward $1.22, suggesting that the earlier downtrend has lost momentum. Nevertheless, the averages have yet to complete a bullish crossover, and the latest rejection shows that a sustained breakout remains unconfirmed. A renewed advance would first need to overcome the recent highs around $1.56–$1.58 before challenging the $1.61–$1.70 resistance zone again. A sustained break above that zone could open the way toward the broader $1.81–$1.94 supply area. Convers...