XRP has decided to pose for a recovery shot above the $1.3220 zone, darling, like a fashion model realizing the deadline is looming. The price is now consolidating with all the grace of a diary-entry confession and might even aim for a fresh move above $1.3480.
- XRP price began a recovery flirtation above the $1.3220 zone, as if checking if the mood is real or just a mood board.
- It’s now trading above $1.3300 and the 100-hour Simple Moving Average, because apparently even graphs like a little sugar with their tea.
- There was a break above a bearish trend line with resistance at $1.3085 on the hourly XRP/USD chart (Kraken supplying the drama, as ever).
- The pair could keep climbing if it settles above $1.350, which would be the financial equivalent of finding the perfect pair of heels on sale.
XRP Price Gains Some Ground
XRP managed to stay propped above $1.280 and began a recovery curve, much like the moment when your gym class friend says she’s “totally joining us later.” It climbed above $1.3120 and $1.320 to enter a short-term positive zone, which is the crypto equivalent of not losing your coat in a taxi.
There was also a move above the 50% Fibonacci retracement level of the downward move from the $1.3678 swing high to the $1.2801 swing low. Besides, there was a break above a bearish trend line with resistance at $1.3085 on the hourly XRP/USD chart, because apparently even trends want a little drama now and then.
The bulls even pushed the price above $1.320 but paused near $1.3480, like a shopper at the closing sale who realises she already owns three identical handbags. The price is now trading above $1.330 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $1.3480 level or the 76.4% Fib retracement level of the downward move from the $1.3678 swing high to the $1.2801 swing low.
The first major resistance is near the $1.350 level. A close above $1.350 could send the price to $1.40. The next hurdle sits at $1.4120. A clear move above the $1.4120 resistance might carry the price toward the $1.4250 resistance. Any more gains could push the price toward the $1.4450 resistance.
Another Drop?
If XRP fails to clear the $1.350 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.3240 level. The next major support is near the $1.320 level.
If there is a downside break and a close below the $1.320 level, the price might continue to decline toward $1.3120. The next major support sits near the $1.280 zone, below which the price could continue lower toward $1.2650.
Technical Indicators
Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone.
Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level.
Major Support Levels – $1.3240 and $1.3120.
Major Resistance Levels – $1.3500 and $1.4000.
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2026-04-06 07:52