Technical Analysis

• The move above $1.45 matters because that level had repeatedly rejected upside attempts since April.
• Breakout volume was unusually strong, suggesting real participation behind the rally rather than a thin squeeze higher.
• Momentum cooled quickly near $1.50, where sellers stepped back in and triggered short-term liquidation pressure.
• Despite the pullback, XRP is still holding above the prior breakout zone, keeping the broader bullish structure intact for now.

What traders should watch

• $1.44-$1.45 is now the key support area. Holding above it keeps the breakout structure alive.
• $1.50 remains the immediate resistance level after the sharp rejection from session highs.
• A sustained move above $1.50 could reopen momentum toward $1.56 and potentially the $1.80 area highlighted by several analysts.
• Failure back below $1.44 would increase the risk of a retracement toward the $1.38-$1.40 range.

More For You

Whales. (makabera/Pixabay)

A long-dormant whale woke up Sunday, moving millions worth of bitcoin on-chain.

What to know:

  • A long-dormant bitcoin “whale” wallet moved about $40 billion in BTC on Sunday.
  • The transfer, detected around 7:16 p.m. UTC, shifted funds to a new address that is not associated with any known exchange, leaving the motive for the move unclear.

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