XRP holds $1.50 support, targets $1.60 resistance

XRP spikes to $1.6068, then holds $1.50. Bulls defend the 100‑hour SMA and aim at $1.60.

The move beat Bitcoin and Ethereum, per NewsBTC’s BTC read and ETH read. XRP broke a falling channel near $1.5250 and flipped it, while price stayed above the 100‑hour SMA and $1.50 support, per NewsBTC chart.

A local top printed at $1.6068. Pullback held the 50% Fib of $1.3855–$1.6068 near $1.50, then price reclaimed $1.5250, per NewsBTC.

Upside needs a close above $1.5550. Then $1.58 and $1.60 come next. A clean break opens $1.6250, $1.65, and $1.6880, per NewsBTC.

If $1.60 rejects, watch $1.520 first. Loss of $1.50 risks $1.470, then $1.4520 and $1.4220. Deeper, $1.4050, per NewsBTC.

• First resistance 1.5550; major 1.58 and 1.60 source
• Key support 1.520 and 1.50; below 1.50 targets 1.47 source
• Hourly MACD bullish; RSI above 50 source