NewsBTC
Feb 10, 2026
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BULLISH 📈 : XRP consolidates gains, targets breakthrough above $1.50

XRP is experiencing an upward trend, moving past the $1.40 mark and trading above the 100-hourly Simple Moving Average.

  • A declining channel with support at $1.350 is forming on the XRP/USD hourly chart.
  • The price soared to a high of $1.5435 and entered a consolidation phase.
  • Resistance levels are at $1.450 and $1.50, with potential growth towards $1.5450 if surpassed.
  • Further resistance may appear at $1.650 and $1.720, with a major hurdle near $1.80.

XRP Price Chart

Potential Downside Risks

  • If unable to clear $1.50, XRP might decline, finding initial support at $1.40.
  • The next significant support lies at $1.340 or the 50% Fib retracement level from $1.135 to $1.543.
  • A break below $1.340 could lead to further declines toward $1.30 or even $1.20.

Technical Indicators

  • Hourly MACD: Losing pace in the bullish zone.
  • Hourly RSI: Above the 50 level.
  • Major Support Levels: $1.40 and $1.340.
  • Major Resistance Levels: $1.450 and $1.50.