🚀 $XRP Nears $1.45: Can the Rally Keep Momentum?

XRP has been on fire, surging 25% and holding strong above the $1.00 support level. As excitement builds, all eyes are on whether XRP can break through the critical $1.1380 resistance and power its way higher.

🔍 Key Highlights

📈 Sharp Climb: XRP soared beyond the $0.880 barrier, outperforming Bitcoin and Ethereum with a massive 50% rise.

⚡ Trend Break: A bearish trend line at $1.050 was broken, signaling potential for further gains.

🏦 Strong Support: XRP remains above the $1.00 mark and the 100-hour SMA, a positive sign for bulls.

Resistance Levels to Watch

🔑 $1.1380: The immediate resistance level, aligning with the 50% Fib retracement.

🔑 $1.200: A key hurdle that, if cleared, could pave the way to higher highs.

🔑 $1.250 to $1.320: Breaking above this zone might catapult XRP towards $1.3850 or even $1.50.

Are Dips Limited?

If XRP struggles to break $1.1380:

🔻 Initial Support: $1.050, followed by the psychological $1.00 level.

🔻 Critical Levels: A drop below $1.00 could see the price revisiting $0.9320 or even $0.880.

Technical Indicators

✅ Hourly MACD: Rising in the positive zone, suggesting bullish momentum.

✅ Hourly RSI: Above 50, signaling strength.

The Big Picture

XRP’s rally is capturing market attention, but can it sustain the momentum? A clean break above $1.1380 could set the stage for a bullish march toward $1.50. On the flip side, $1.00 remains a crucial support zone