XRP recently embarked on an impressive recovery push, but the current rally may now be approaching a major test.
After dropping toward the $1.26 support zone, XRP reversed and pushed higher across several sessions. The recovery has now taken the token to a high around $1.49, where it is now testing a major supply zone between $1.45 and $1.50.
This range could determine XRP’s next major move. Buyers have built strong short-term momentum, but they now need to deal with an area where sellers have previously stepped in. A break above $1.50 could give the rally more room to run, but another rejection could send XRP back toward lower support levels.
XRP Recovery Started From the $1.26 Support Area
XRP first found buying interest last Wednesday, Sept. 16, after falling into the $1.24-$1.26 area, which marked the deepest demand zone on the 2H chart.
Buyers took advantage of the weakness, swept liquidity from earlier price action, and pushed the token higher. The move created a massive upward shift in price and gave the recovery more strength.
From a low of around $1.25 last week, XRP has climbed to around $1.49 at press time, marking an over 19% increase. Buyers moved the token higher at a much faster pace than during the consolidation that came before the rally.
The $1.45-$1.50 Zone Is Now the Main Test
XRP has reached its first major resistance at $1.49. Specifically, the $1.45-$1.50 range forms an order block, an area where strong selling previously entered the market and stopped the price from moving higher. XRP has not yet cleared this supply, so the recent strength does not by itself confirm a breakout.
There is also a Fair Value Gap (FVG) between $1.36 and $1.39 below the order block. This gap formed when XRP moved rapidly through the area without spending much time trading there.
Because XRP now trades above it, the $1.36-$1.39 zone could become important if the current rally loses momentum and price moves lower.
A Pullback to $1.36-$1.39 Would Not End XRP’s Rally
A rejection from $1.45-$1.50 would not automatically break XRP’s bullish structure. If the token pulls back toward the $1.36-$1.39 FVG and buyers defend the area, the move could simply mark a normal retest before another upward attempt.
A strong reaction from this zone would give buyers another chance to challenge the $1.45-$1.50 resistance again.
However, for the bullish case to strengthen, XRP needs more than a short move above $1.50. A 2H candle would need to close above the $1.45-$1.50 order block and then hold above the range.
This would show that buyers have absorbed the selling pressure around the zone. If XRP manages that move, the next major target sits at $1.56-$1.58, where higher-timeframe supply could create another test.
$1.27-$1.30 Becomes Important if XRP Pulls Back Further
The other possibility is a rejection from $1.45-$1.50 followed by the formation of a lower high. In that case, XRP could move back toward the $1.36-$1.39 FVG. If buyers defend the gap, the broader 2H recovery would remain intact, and XRP could make another attempt to push higher.
A stronger decline would bring the $1.27-$1.30 demand zone into focus. This area is important because the original bullish move started here.
A decisive break below $1.36 would weaken the current setup, while a loss of $1.30 would damage the bullish impulse that has supported the recovery.
The most important support remains the original $1.24-$1.26 zone. A move below this area would break the bullish structure on the 2H chart and force a fresh assessment of XRP’s recovery. For now, XRP remains above that level and continues to show positive short-term momentum.
Be the first to comment