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XRP has broken above a multi-month descending resistance trend line and is holding those gains despite intensifying selling pressure across the broader crypto market. Over the past 24 hours, the token rose more than 2.5% to trade near $1.45, while trading volume increased by over 200%, indicating a sharp rise in market activity.
Market sentiment around XRP remains broadly bullish, supported by growing social media engagement, ongoing breakout discussions, and renewed institutional optimism. However, the breakout still lacks strong spot buying confirmation, leaving open the risk that the current rally could lose momentum if bullish demand weakens.
Traders are focused on whether XRP can push higher from its current position and reclaim $1.50 in the short term. The $1.44 zone remains a crucial bullish support area, while the $1.48–$1.50 range is the immediate resistance zone that has repeatedly rejected prior attempts over the past few months.
According to the technical setup, the bulls have defended the breakout and are attempting to flip the prior resistance into support. The latest rebound from the $1.42–$1.44 area suggests buyers are accumulating near that range.
The price action reflects a decisive move above the descending trend line that had acted as a resistance barrier since February. The rally is also supported by improving momentum indicators: the RSI is trending higher with a sequence of higher lows, while the Gaussian Channel has flipped bullish, a change that historically signals a shift toward positive trend continuation and sustained upside momentum.
In the short term, XRP needs to continue defending support at $1.44 to maintain the current bullish structure. If the level fails, the article notes that a correction could develop toward the $1.42 region before the next move.
Conversely, if buyers push XRP above $1.48 and secure a breakout beyond $1.50, the rally could strengthen further. In that case, upside targets highlighted in the article include $1.60, followed by a potential extended move toward the $2 milestone in the coming weeks.
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