XRP needs to hold $1.50 or risks a drop to $1.34

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XRP pulls back after $1.60; $1.50 is the pivot, analyst says

XRP spiked to $1.60, then faded to $1.46. An analyst warns the rally needs a clean hold above $1.50.

Bulls got their move. Price jumped from below $1.40, reclaimed $1.50, and tagged $1.60 before slipping under $1.50 again source. Spot is around $1.46, showing nearby supply capping momentum source.

The setup matched a plan shared by analyst Guy on the Earth. He tracked the breakout and flagged $1.50 as the retest to watch source. His chart still shows a descending channel from July 2025. The broader downtrend isn’t broken yet source.

  • Hold above $1.50 and targets line up at $1.65, $1.80, $1.96 source
  • Lose $1.50 and a fakeout is likely, with $1.34 next, then $1.20 if that fails source
  • A confirmed move above $2.00 would signal trend strength and open room for new highs into the ongoing expansion source

XRP chart shared by Guy on the Earth