Riding the Ripple: Will Bulls Lasso the Next Big Move?

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XRP price woke from a Sunday nap and inched above the $1.420 and $1.4250 marks, as if corralling a runaway mule. Now it’s loafing in a spell of consolidation, likely to try another leap if it can jolly well clear $1.4450.

  • XRP kicked off a recovery above the $1.4220 patch, like a nodding donkey stirring from slumber.
  • Now it’s riding high above $1.4250 and the 100-hour Simple Moving Average, as proper as a town marshals’ badge.
  • A rising channel is formin’ with support at $1.430 on the hourly XRP/USD chart (Kraken as the scribe, if it can talk).
  • The pair could mosey upward if it settles above $1.4450, like a steamboat finding clear water.

XRP Price Holds Support

XRP stood its ground above $1.410 and began a recovery, much like Bitcoin and Ethereum after a long, dusty nap. It managed to creep above $1.4150 and $1.420 to enter a short-term sunny zone.

There was also a lift above the 50% Fib retracement of the downward swing from $1.4625 to $1.410. Still, the bears have sharpened their talons near the $1.4450 zone. And-would you credit it?-a rising channel forms with support at $1.430 on the hourly XRP/USD chart.

The price now trades above $1.430 and the 100-hour Moving Average. If another upward lilt comes along, expect resistance near $1.4450 or the 61.8% Fib retracement of the same downward journey from $1.4625 to $1.410.

The first major resistance sits near $1.4620. A close above $1.4620 could push the price to $1.480, with the next hurdle at $1.50. A clean move beyond $1.50 might ride the price up toward $1.5180, and any extra lift could steer it toward $1.5320.

Another Drop?

If XRP flubs the $1.4450 resistance zone, it could commence a fresh decline. Initial support on the downside sits near $1.430. The next big support lies around $1.420.

If there’s a downside break and a close below $1.420, the price could keep sliding toward $1.40. The next major support rests near $1.3750, and below that the march could carry it toward $1.3550.

Technical Indicators

Hourly MACD – The MACD for XRP/USD is losing steam in the bullish zone, as if the fire went out on a windy day.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD sits below the 50 mark, like a feller who forgot his nemesis called momentum.

Major Support Levels – $1.420 and $1.40.

Major Resistance Levels – $1.4450 and $1.4620.

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2026-04-24 07:16