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XRP Bulls Must Reclaim $1.54 to Regain Control, Analyst Reveals

XRP Bulls Must Reclaim $1.54 to Regain Control, Analyst Reveals

In Brief:

  • XRP defended the four-hour 50 EMA near $1.34, producing relief and preventing the pullback from becoming a deeper technical breakdown.
  • ChartNerd identified $1.54 as decisive resistance bulls must reclaim to reverse lower highs and restore full control over XRP’s structure.
  • Repeated closes below $1.43 could expose $1.34–$1.37 support, while sustained strength above both moving averages would improve recovery prospects.

 


Market analyst ChartNerd has identified $1.54 as the crucial level XRP bulls must reclaim to restore control over the current move. XRP traded near $1.43 on the shared four-hour chart, following a rebound from an important moving average support zone.


According to ChartNerd, XRP secured support during its four-hour 50 EMA retest near $1.34 and subsequently recorded a relief recovery. The cryptocurrency previously lost its four-hour 20 EMA, which weakened short-term momentum and increased pressure around its consolidation structure.


Sellers then pushed XRP toward the slower 50 EMA, where buyers entered and prevented a deeper technical breakdown. However, the chart displays the 50 EMA near $1.3664, slightly above the support level.


This difference may reflect the moving average’s upward movement or the analyst’s use of a wider support area. Meanwhile, XRP’s price stood marginally above the four-hour 20 EMA, which appeared near $1.4312 on the chart.


That recovery represents an encouraging development, although a small move above the average does not confirm sustained bullish strength. Buyers would need several four-hour closes above the 20 EMA to establish that level as dependable support again.


XRP previously rallied from approximately $1.00 and reached the area above $1.50 before momentum weakened around its recent highs. Price then entered a narrowing structure with descending resistance and ascending support, resembling a symmetrical triangle or bullish pennant. However, XRP broke beneath the pattern’s lower boundary and moved toward the four-hour 50 EMA.


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XRP Faces Decisive Resistance Around $1.54

ChartNerd considers $1.54 the main threshold separating the current relief bounce from a broader bullish recovery. That area formed part of XRP’s former consolidation range, where sellers repeatedly prevented price from establishing another upward advance.


Consequently, reclaiming $1.54 would reverse the recent sequence of lower highs and restore XRP above its previous resistance structure. A convincing four-hour close above that level could confirm that buyers regained control following the 50 EMA defense.


Before reaching $1.54, XRP must maintain support around $1.43 and overcome selling pressure near the psychological $1.50 level. Additionally, the 20 EMA remains above the 50 EMA, preserving the wider bullish alignment despite the recent momentum loss.


Four-Hour EMA Support Defines XRP’s Downside Risk

Nevertheless, XRP remains vulnerable because its price holds only a narrow margin above the faster moving average. Repeated closes beneath $1.43 could place renewed pressure on the support region between approximately $1.34 and $1.37.


A confirmed loss of that zone would damage the four-hour structure and increase the probability of a deeper correction. Conversely, sustained closes above both moving averages could provide buyers with a stronger platform for challenging $1.54.


The chart does not provide volume, RSI, or MACD readings, limiting confirmation from other commonly used technical indicators. Therefore, stronger candle closes and sustained buying demand remain necessary before the rebound qualifies as a confirmed bullish recovery. XRP has defended its four-hour 50 EMA and recovered above short-term support.


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