Ripple Price Analysis: Is XRP Consolidation Almost Over as the Range Tightens?

XRP is consolidating around $1.50 after a strong rebound from the $1.00 area. The broader structure has improved considerably, but the latest price action suggests that buyers are struggling to push through the overhead resistance zone. The key question now is whether the asset can break the $1.70 resistance, or whether another pullback toward support develops. Ripple Price Analysis: The USDT Pair The daily chart shows a major structural recovery from the $1.00 support zone. XRP broke sharply higher in August and subsequently reclaimed both the 100-day and 200-day moving averages. The 100-day MA is now around $1.25, while the 200-day MA is around $1.28, with the 100-day average aggressively approaching the other for a potential bullish crossover. This is a constructive development from a medium-term perspective. The main resistance is located between $1.60 and $1.70. XRP has already tested this area twice in recent weeks, with the latest attempt in September failing to break out. A daily close above $1.70 would represent a significant structural improvement and could open the door toward the next major resistance around $2. Above that, the next resistance zone sits around $2.40, wh...