- XRP has broken above the 0.382 Fibonacci level at $1.43, with $1.53 as the next resistance to clear.
- RSI and MACD both point to bullish momentum, though a MACD crossover hasn’t confirmed yet.
- ChartNerd says XRP now faces the same 50-week EMA rejection level seen in 2022.
XRP has extended its recent rally, breaking above key resistance and holding firm above its major moving averages. The token now sits at a level that has proven decisive in past cycles, putting bulls to a real test even as momentum indicators stay broadly supportive.
XRP has broken above the 0.382 Fibonacci level at $1.43 and is now consolidating just above it. A push higher opens the door to the $1.53 resistance at the 0.236 level, and clearing that could set up a retest of the recent high near $1.70. On the downside, losing the current range sends price back toward $1.34 at the 0.5 Fib level, with $1.26 as the next support.
Price is also holding above its 20, 50, 100, and 200-day EMAs, a broadly bullish setup that suggests buyers are in control across multiple timeframes. The EMA 20, sitting near $1.36, is the closest of the four and the first level bulls would need to defend on any pullback.
Momentum Indicators Lean Bullish
The Relative Strength Index sits near 62, in bullish territory and trending toward overbought. The MACD line remains just below its signal line, but the gap between them is narrow enough that a bullish crossover looks within reach, and the shrinking red histogram bars point in the same direction, suggesting selling pressure is fading.
Analyst Flags the 50-Week EMA as the Key Test
Analyst ChartNerd notes that XRP has rallied roughly 70% from its recent low, flipping bullish on the weekly Supertrend and reclaiming the 20-week EMA. That combination, in his view, is the kind of setup that’s marked past macro trend shifts.
Price is now testing the 50-week EMA, the same level that triggered a sharp rejection during the 2022 cycle, when XRP stalled there for several weeks before a 45% retracement. ChartNerd maintains that the broader structure remains bullish, but views a deeper pullback as a real possibility before any sustained move higher.
Momentum indicators and moving averages both favor the bulls, and a break above $1.53 would strengthen the case for a run at $1.70. But the 50-week EMA has been a turning point before, and history suggests this level deserves respect rather than an assumption of an easy breakout. A hold above $1.34 would keep the broader structure intact even through a pullback; a break below it would be the first real sign that momentum has shifted.
Related: XRP Price Prediction: $1.50 Breakout Could Set Up Fresh Rally Ahead of CLARITY Act Vote
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