$XRP has finally pushed above the $1.50 resistance level, a zone that rejected price multiple times during recent consolidation. This breakout has traders asking: is a reversal actually underway?
Why $1.50 Matters
This level isn't just psychological—it's technical. Previous rejections made it a key resistance, and now that it's broken, we're watching to see if it flips to support. Volume is picking up, which adds credibility to the move.
What's Behind the Pump?
A few things:
Bitcoin cooling off = capital rotating into alts
Sentiment improving = less short exposure
Charts showing higher-lows = early reversal structure
Reversal or Fakeout?
Too early to call it a full trend shift. For that, we'd need:
Multiple daily closes above $1.50
Volume to stay strong
Broader market to cooperate
Without those, this could stay a short-term spike.
Final Thought
The breakout is real and sentiment has improved. But durability matters more than one candle. If $1.50 holds as support, $XRP could have more room to run. If not, it's just another wick.
Watch the close. That's where the truth is.
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