XRP fails at $1.55 again: a break below $1.45 would weaken the near-term setup
- —XRP hit $1.523 on Tuesday and $1.55 on October 2, retreating both times
- —A sustained break below $1.45 would shift focus to the 50-day EMA near $1.40
- —A four-hour close above $1.53 would confirm a breakout targeting $1.62, per Ali Martinez
- —Evernorth is set to debut on Nasdaq under XRPN on October 8, with two XRPL upgrades due October 8–9
Why it matters: Repeated rejections at $1.55 hand momentum to sellers: losing $1.45 could accelerate a correction, while reclaiming $1.53 would revive the $1.62 target.
Source: Invezz