XRP Slides to $1.44, Eyes $1.52–$1.55 Resistance As It Consolidates Above $1.45

XRP slid further on the short-term charts, dipping below key thresholds and now consolidating after a fresh pullback. What happened - XRP failed to hold above $1.60 and extended losses alongside Bitcoin and Ethereum, slipping under $1.55 and $1.52. - The intraday low printed at $1.4437 (Kraken). Since then the pair has retraced modestly and is consolidating above $1.45 and the 100-hour Simple Moving Average. - A short-term bullish trend line on the hourly chart offers support around $1.4720. Key technical levels - Immediate resistance: $1.5150, with the first major barrier at $1.520. A decisive close above $1.520 could lift XRP toward $1.55 (also the 50% Fib retracement of the $1.6713 → $1.4437 drop). - Further upside hurdles: $1.5840, then $1.620, $1.650 and the $1.6750 area. - Immediate support: trend line near $1.4720 and $1.460. Major support sits at $1.440 — a break and close below that could open the door to $1.380, then $1.350 and $1.3250. Fibonacci context - The modest recovery has retraced roughly to the 23.6% Fib level of the decline from the $1.6713 swing high to the $1.4437 low. A move back above the 50% mark (~$1.55) would be a more constructive signal. Momentum readout - Hourly MACD: bearish momentum is losing some pace. - Hourly RSI: below 50, indicating near-term bearish bias. Outlook - Near term, XRP looks neutral-to-bearish unless it reclaims and holds above $1.520–$1.55. Failure to clear that zone could resume the downtrend toward low-$1.40s and below. - Keep an eye on broader market drivers—especially Bitcoin and Ethereum—which have been moving in tandem with today’s drop. Data source: Kraken. This is market commentary, not financial advice. Read more AI-generated news on: undefined/news