The price of XRP has been rising, recently moving above $1.40 and $1.4150. It’s currently stabilizing, and could climb further if it breaks past $1.4650.
- XRP price started a recovery wave above the $1.420 zone.
- The price is now trading above $1.420 and the 100-hourly Simple Moving Average.
- There is a rising channel forming with support at $1.4190 on the hourly chart of the XRP/USD pair (data source from Kraken).
- The pair could continue to move up if it settles above $1.4650.
XRP Price Holds Support
Like Bitcoin and Ethereum, XRP’s price held steady above $1.3920 and then began to rise. It successfully broke through resistance levels at $1.4050 and $1.4120, moving into a positive trend for the short term.
As a crypto investor, I’ve been watching XRP, and it recently broke past a key resistance level – the 38.2% Fibonacci retracement. This meant it moved beyond a previous high point in its recent dip. However, sellers are now stepping in around the $1.45 mark, creating some pushback. On the hourly chart, it looks like XRP is forming a rising channel, with support currently around $1.4190, which could be a good buying opportunity if it dips.
The price has risen above $1.420 and is now trading above its 100-hour average. If the price continues to climb, it could encounter resistance around $1.450, or at the 50% retracement level based on the recent price swing between $1.510 and $1.3917.
The price is currently facing initial resistance around $1.4650. If the price breaks above this level, it could climb to $1.490, with the next challenge appearing at $1.50. A decisive move past $1.50 could lead to a test of $1.5180, and further gains might push the price towards $1.5320.
Another Drop?
If XRP doesn’t break past the $1.4650 resistance level, its price might start to fall. It could first find support around $1.42, and then potentially at $1.40.
If the price falls below $1.40, it could continue dropping to $1.3750. Further declines might find support around $1.3620, but if that level is breached, the price could fall to $1.350.
Technical Indicators
Hourly MACD – The MACD for XRP/USD is now losing pace in the bullish zone.
Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level.
Major Support Levels – $1.40 and $1.3750.
Major Resistance Levels – $1.4500 and $1.4650.
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2026-04-22 07:18