Feb 9, 2026
2 0
BULLISH 📈 : XRP Price Targets $1.50 to Fuel Recovery Wave
XRP has initiated a recovery wave, surpassing $1.50 but facing resistance near $1.9250. The price is currently consolidating with potential for another upward move.
- The price climbed above the $1.420 zone and now trades above $1.40 and the 100-hourly Simple Moving Average.
- A bearish trend line presents resistance at $1.4550 on the hourly chart.
- A successful close above $1.4660 could push the price to $1.50, with further resistance at $1.5150 and $1.620.
Potential Decline
If XRP fails to surpass the $1.50 resistance zone, a decline may occur.
- Initial support lies at $1.40, with further support at $1.3850.
- A break below $1.3850 could lead to a drop towards $1.330 or even $1.250.
Technical Indicators
- Hourly MACD shows bullish momentum.
- Hourly RSI is above 50, indicating strength.
- Key support levels: $1.40 and $1.3850.
- Key resistance levels: $1.50 and $1.5150.
