Ripple Price Analysis: XRP Tests Critical Resistance as Bullish Structure Holds

XRP remains in a constructive short-term structure after rebounding sharply from its recent correction. However, the asset is now approaching the same major overhead supply region that has repeatedly capped upside momentum, making the next move around $1.60 particularly important. Ripple Price Analysis: The Daily Chart On the daily timeframe, XRP continues to trade well above both displayed moving averages following August’s explosive breakout. More recently, the price found strong support around the $1.25-$1.32 demand zone, which also coincides with the higher moving average, before launching another impulsive recovery. That rebound has carried the asset back toward the major $1.60-$1.70 supply zone. The latest candles show the price consolidating around $1.54 after several attempts toward $1.60-$1.65 were rejected, suggesting that sellers remain active in this region. Nevertheless, the broader structure is still constructive as long as XRP maintains its recent higher lows. A decisive daily close above the $1.60-$1.70 resistance zone would represent a significant bullish development and could clear the path toward higher levels. On the downside, the $1.25-$1.32 zone remains the ke...