NewsBTC
Mar 5, 2026
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BULLISH 📈 : XRP price rallies as traders eye $1.50 resistance level

XRP is experiencing a price increase, surpassing the $1.420 mark and currently consolidating gains.

  • XRP rose above the $1.4320 level and is trading above $1.420 and the 100-hourly SMA.
  • A key bearish trend line was broken with resistance at $1.3880 on the XRP/USD hourly chart.
  • The price could further increase if it stays above $1.450.

Current Price Movement

  • XRP's upward movement parallels trends seen in Bitcoin and Ethereum.
  • The price reached a high of $1.4739 before entering a consolidation phase.
  • If another upward trend occurs, resistance is expected around $1.4420, with major resistance at $1.450 and potential testing of $1.4750.

XRP Price

  • Breaking past $1.4750 could lead to further gains towards $1.50 and potentially $1.520, with $1.550 as a significant hurdle.

Potential Downside

  • If XRP cannot surpass the $1.4420 resistance, it may decline.
  • Initial support lies near $1.420, with major support at $1.4050.
  • A drop below $1.4050 could push the price down to $1.3880 or even $1.3680, with further declines possible to $1.350.

Technical Indicators

  • Hourly MACD: Losing momentum in the bullish zone.
  • Hourly RSI: Above the 50 level.
  • Support Levels: $1.420 and $1.4050.
  • Resistance Levels: $1.4420 and $1.4750.