In Brief:
- XRP surged over 25% within 72 hours, breaking multiple resistance levels before buyers successfully defended the crucial $1.20 support zone.
- Bulls must reclaim the $1.293-$1.302 resistance area, which could strengthen XRP’s structure and expose higher price targets again.
- XRP’s four-hour RSI reached 83, while repeated $1.30 rejections could weaken momentum and place greater pressure on $1.20 support.
XRP is approaching another major test at $1.30, with bulls attempting to extend a rally that has exceeded 25% in 72 hours. According to crypto market commentator Diana, XRP moved from around $1.00 and successfully cleared several important resistance levels. The cryptocurrency broke through $1.145 and $1.20 before briefly extending its advance toward $1.35.
Selling pressure emerged around that upper level, pushing XRP toward $1.20, but buyers defended the breakout support and drove a recovery toward $1.26. Diana identified the $1.293-$1.302 region as the immediate resistance zone standing between XRP and another potential advance.
Therefore, price action around $1.30 could determine whether the recent rally develops into a larger upward move. A convincing breakout could also weaken concerns that the rejection near $1.35 marked a local market top.
XRP Bulls Face Another Major Test Around $1.30
The next bullish setup depends heavily on XRP maintaining its position above the $1.20 support level. This area previously acted as resistance before buyers pushed through it during the 25% rally.
Holding $1.20 would preserve the current technical structure and give buyers another opportunity to challenge $1.30. Moreover, reclaiming $1.30 could expose higher resistance levels as bullish momentum strengthens.
Also Read: XRP Jumps 17.7% as Bitcoin Breaks $76,000 and Crypto Market Rally Accelerates
Diana’s analysis also places XRP’s previous all-time-high region within the broader bullish scenario. However, buyers would need to establish stronger support above $1.30 before that larger target becomes technically relevant.
Momentum conditions remain an important consideration despite XRP’s strong performance. The four-hour Relative Strength Index stood around 83 during Diana’s assessment, indicating extremely overbought conditions.
Consequently, XRP could experience consolidation as traders secure profits from the 72-hour advance. Overbought readings can also produce greater price volatility when an asset approaches an important resistance zone.
$1.20 Becomes Crucial if XRP Cannot Break Higher
XRP faces a different technical outlook if buyers repeatedly fail to overcome resistance around $1.30. Multiple rejections could reduce momentum and return attention toward the $1.20 breakout support.
Significantly, defending $1.20 would keep the broader bullish setup intact despite another rejection. Losing that level could instead increase selling pressure and expose XRP to a deeper retracement.
Meanwhile, sustained trading above $1.30 would provide stronger evidence that buyers remain in control. Such confirmation could shift attention toward higher resistance areas and eventually the previous all-time-high zone. The immediate setup therefore centers on two important levels following XRP’s 25% surge. Bulls need $1.20 to remain protected while establishing a convincing breakout above $1.30.
Conclusion
XRP’s next move rests on whether buyers can overcome the $1.30 resistance zone while maintaining $1.20 as support. A successful breakout would strengthen the bullish structure, while another rejection could place the recent rally under pressure.
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