XRP tests multi-year support as bears hold below $1.50
**XRP Retests Multi-Year Support, $4.50 Target Possible if Bulls Hold**
XRP is nearing a major technical support level that has defined multiple cycle lows since 2020, according to TradingView analyst weslad.
The token was rejected near the top of a multi-year range and has entered a corrective phase. Now it’s testing a demand zone along the ascending trendline.
If buyers defend this level, the move could be a healthy retracement. That would keep the bullish structure intact and set up another expansion phase — with previous highs as first targets.
Longer-term, holding support could open a path toward $4.50–$5.00. This remains conditional on sustained bull control.
The analyst warns bears still dominate below the $1.50 supply zone. A deeper sweep toward $0.70–$0.80 is possible if the trendline breaks.
At writing, XRP trades near $1.15 in an intraday range of $1.12–$1.16, keeping it firmly below $1.50 resistance. The market is in “wait-and-see” mode — support holds, trend survives; if it fails, traders eye the lower demand area.
