Coinspeaker
6 hour ago
Neutral

XRP holds $1.44, eyes break above $1.47 to $1.55

2 min

Ripple’s XRP trades near $1.44, down about 1.8% on the day, holding above the late‑August support band. The token is up roughly 27% month over month, with 24-hour volume between $4 billion and $5.5 billion and market capitalization near $90–91 billion. Broader crypto shows cautious risk appetite. On-chain developments include a Coldcard hacker moving stolen Bitcoin to Ethereum via THORChain.

Source – XRPUSDT, TradingView

Price Levels To Watch

  • Spot: about $1.44, flat-to-down after last week’s bounce.
  • Support: $1.35–$1.36; macro floor: 200-day EMA near $1.27.
  • Resistance: $1.47, $1.55, $1.61.
  • Scenarios: above $1.47 opens room toward $1.61; range likely between $1.35 and $1.47 if momentum stalls; below $1.31 (20-day EMA) points toward $1.12.

Derivatives and Participation

Volume near $4–5.5 billion indicates continued participation. A sustained close above $1.47 on rising volume would strengthen a bullish continuation case toward $1.55–$1.61.

Maxi Doge Context

Maxi Doge (MAXI) on Ethereum reports a presale raise of $4,854,826.29 at $0.0002837. Features: dynamic APY staking, holder-only trading competitions with leaderboard rewards, and a treasury for liquidity and partnerships. Presale tokens lack price history and carry high loss risk.

Key Takeaways

  • XRP near $1.44 must clear $1.47–$1.55 to confirm continuation; loss of $1.31 exposes $1.12.
  • The 200-day EMA near $1.27 marks the macro trend threshold.
  • Derivatives sentiment shows increased net position delta; follow-through requires volume confirmation.
  • Maxi Doge presale has raised $4.85 million at $0.0002837 with staking and holder competitions; risk remains high.

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