XRP Eyes $1.40–$1.50 Resistance Zone After 21% Bounce

XRP has staged an impressive recovery from recent lows, climbing 21% and now facing a critical resistance zone between $1.40 and $1.50. The cryptocurrency is trading within a rising wedge pattern, and its next move will depend entirely on whether bulls can push through the overhead barrier or if the price consolidates to build stronger support.

⬤ XRP just put in a solid recovery run, climbing roughly 21% off its recent bottom. The bounce formed a rising wedge pattern on the 1-hour chart, and price is now approaching a resistance zone sitting between $1.40 and $1.50.

⬤ The chart shows XRP moving higher inside a narrowing upward channel. It's currently trading around $1.35, still sitting below that key resistance band. The setup looks more like consolidation after a strong bounce rather than confirmation of a new trend.

⬤ If XRP breaks above resistance, the wedge gets invalidated and momentum could push significantly higher. But if it fails to clear that level, the pattern stays intact and likely signals just a higher low formation instead of any bearish reversal. Either way, how price behaves near $1.40–$1.50 will decide whether this recovery continues or transitions into sideways consolidation with better support structure.

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Peter Smith is a former operations manager in online casinos and a consultant for several crypto projects. With deep expertise in crypto, blockchain and iGaming, he writes insightful content on crypto, gambling trends, and player safety.