XRP's run above $1.50 didn't last. The token slipped from a high of $1.5074 on Tuesday and is now trading just above $1.4450, holding onto a critical trend line that could determine its next move. As of latest data, XRP sits around $1.46, still above the 100-hourly simple moving average.
Why $1.50 couldn't hold
The correction started after XRP failed to maintain its footing above the $1.50 mark. Sellers stepped in quickly, pushing the price back into a range that had previously acted as resistance. The hourly chart shows a bullish trend line forming with support at $1.4450, a level that's held so far but is being tested repeatedly.
The levels that matter now
On the upside, XRP faces a wall of resistance. The immediate hurdles are $1.4720, then $1.48, followed by $1.4880. A move above $1.50 would need to clear those first. Further out, $1.52 and $1.55 are the next targets if bulls regain control.
Downside protection is thinner. Below $1.4450, the next key support is $1.4430—that's the 50% Fibonacci retracement level of the recent upswing. If that breaks, the drop could accelerate toward $1.4280. Below that, $1.4120 and $1.4050 are the next floors.
What the indicators are saying
The hourly MACD is gaining pace in bearish territory, suggesting selling pressure is building. But the relative strength index (RSI) remains above 50, which means the move isn't oversold yet. That mix—bearish momentum with room to fall further—keeps traders cautious.
What happens if $1.4430 breaks
A downside break below that Fibonacci level wouldn't just be a technical loss. It could open the door to a sharper decline toward $1.4280, and possibly lower. For now, XRP is holding the line, but the next few hours will tell whether the trend line at $1.4450 will act as a springboard or a trap door.
