XRP is holding above $1.4350 after a recovery wave that pushed the token past $1.4250 and $1.4320 earlier this week. The cryptocurrency is now consolidating near the 100-hourly simple moving average, with traders watching a bearish trend line forming on the hourly chart that caps upside moves at $1.4620.
Resistance levels to watch
The first major barrier sits at $1.4610, which corresponds to the 61.8% Fibonacci retracement of the recent drop from $1.4876 to $1.4185. A close above that level could open the door to $1.480 and then the $1.50 psychological mark. Immediate resistance is clustered at $1.4550, $1.4610, $1.4880, $1.50, and $1.520.
Support levels and downside risks
On the flip side, support is layered at $1.440, $1.4320, $1.4180, $1.4050, and $1.3880. If XRP fails to clear the $1.4620 trend line, analysts point to a potential fresh decline. A move below $1.4320 would signal weakness and could accelerate losses toward the lower support levels.
Technical indicators show mixed signals
The hourly MACD is gaining pace in bullish territory, and the relative strength index (RSI) sits above 50, suggesting short-term momentum favors buyers. However, the trend line resistance has kept upside attempts in check for now.
Traders are watching whether XRP can break the $1.4620 barrier in the coming sessions. A failure to do so would put the recent recovery at risk and shift focus back to the $1.4180 support area.
