XRP remained under pressure on Wednesday, down nearly 7% over the past seven days amid a broader retreat across the cryptocurrency market.
Nevertheless, analysts remain focused on a possible reversal, with attention now shifting to $1.43, a key resistance level that analyst “Steph Is Crypto” believes could determine XRP’s next major move.
According to the analyst, XRP has spent recent sessions consolidating after its sharp rally last week, creating a technical structure resembling a bull flag or pennant. A decisive move through $1.43 could therefore signal that buyers are ready to regain control.
Additionally, the analyst expects XRP to target around $2.10 if the token breaks above that level. From current levels, that move would be an increase of about 56%.
The analyst’s projection is based on the height of XRP’s previous advance, which is being used to estimate the potential size of its next move higher. He also sees significantly more upside over the longer term, with $3.68 identified as a potential target if XRP eventually breaks through the upper boundary of its broader technical formation.
 
For the bullish setup to remain intact, however, XRP needs to hold above the $1.30 area. A drop below that level could weaken the near-term breakout outlook and expose the token to further selling.
Meanwhile, analyst ChartNerd has highlighted weakening momentum around XRP’s current position. The analyst noted that the token was testing four-hour support near $1.36 after facing repeated rejections at lower highs. A break below that level could send XRP toward Fibonacci support at roughly $1.29 and $1.21.
Moreover, popular analyst Ali Martinez has taken a bullish view on XRP, confirming the breakout and setting $1.70 as the next target. The pundit also identified the $1.35-$1.38 range as a major demand zone, where roughly 3.2 billion XRP had previously been traded.
At press time, XRP was trading at $1.34, reflecting a 1.86% drop over the past 24 hours.
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