XRP Decides $1.40 Is the New $1.00, Bulls Attempt to Make It Official

XRP showed up to the party with matching socks, pushing above $1.3650 and eye-balling the prestigious $1.40 neighborhood like it owes XRP money. The price is currently vibing above $1.3550 and the 100-hourly SMA, having ghosted through a bearish trend line that was conveniently chilling at $1.3350 resistance. That trend line never stood a chance.

Price Recovery Check XRP crashed the Bitcoin and Ethereum appreciation festival, launching above $1.350 and $1.3550 with the confidence of a degen who just aped into a fresh meme coin. The bulls drove it all the way to the $1.3880 district before hitting a literal ceiling at $1.3963 and deciding to take a bathroom break.

The price briefly visited territory below the 23.6% Fib retracement level (calculated from the $1.2940 swing low to the $1.3963 high, for those keeping score), but it's still holding tight above $1.3550 and that reliable 100-hourly SMA like a diamond-handed legend refusing to check the chart.

Upside Scenarios If XRP catches a second wind and decides it wasn't done mooning, resistance parks itself near $1.3820. The main event resistance sits pretty at $1.3880—break through that and $1.40 suddenly looks like a reasonable Tuesday. Clear $1.40 and bulls can start drafting their victory tweets targeting $1.4250, $1.4450, and eventually $1.4650.

Downside Scenarios If $1.3880 acts as a killjoy and holds as resistance, a pullback could stumble into support near $1.3575. The next major floor is $1.3330 (61.8% Fib level for the TA nerds). Shatter that and it's a fun slide down to $1.3080, then $1.3020, $1.2880, and eventually the main support at $1.2750 where bulls allegedly live.

Technical Indicators MACD is gradually losing steam in bullish territory—no shocks there after that audacious $1.3963 pump and dash. RSI is casually lounging above 50, so the bulls still have a heartbeat, just maybe not a six-pack.

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