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Ripple Defended Key Supports and Targets $1.50 Rally: Can it Sustain?

Ripple Defended Key Supports and Targets $1.50 Rally: Can it Sustain?

CoinspeakerCoinspeaker2026/09/04 11:48

Ripple (XRP) is changing hands near $1.44 as of this writing, down roughly 1.8% on the day but still holding well above the support shelf that capped its late-August consolidation. That defended floor matters. The question now is whether XRP has enough fuel left to clear resistance and resume the rally that carried it from $1.00 to a spike near $1.70 last month, or whether this is just a pause before a deeper pullback.

Over the past 48 hours, XRP staged a rebound with 24-hour volume reported between $4 billion and $5.5 billion, pushing its market capitalization to roughly $90–91 billion. The token remains up about +27% over the past month, even while down modestly on the week, a divergence that traders on crypto social media have been dissecting candle by candle.

Separately, a Coldcard hacker moved stolen Bitcoin for the first time since the Wave 3 attack, swapping funds to Ethereum via THORChain — a reminder that on-chain forensics remains a live storyline even as price action dominates headlines.

The broader market backdrop is one of cautious risk appetite returning to majors. That makes XRP’s technical structure worth a closer look.

Can XRP Price Hit $1.55 This Week?

XRP trades around $1.44, roughly flat-to-down on the day after last week’s sharp bounce.

Volume near $4–5.5 billion suggests participation hasn’t dried up, which is constructive for bulls.

Immediate support sits at $1.35–$1.36, with a deeper macro floor at the 200-day exponential moving average near $1.27 — a level analysts treat as the dividing line between bear and bull structure. Resistance is stacked at $1.47, $1.55, and $1.61.

Bull case: a close above $1.47 opens a run toward $1.61.

Base case: continued chop between $1.35 and $1.47 while the market digests recent gains.

Bear case: a break below $1.31 (20-day EMA) invalidates the near-term structure and points back toward $1.12.

Key Takeaways

  • XRP near $1.44 must clear $1.47–$1.55 resistance to confirm rally continuation; failure risks a slide toward $1.31.
  • The 200-day EMA near $1.27 is the macro line separating bull structure from a deeper bearish reversal scenario.
  • A sustained close above $1.47 on rising volume would be the clearest near-term bullish catalyst for XRP bulls.

Market Intelligence:

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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