XRP Approaches $1.56 Resistance for Fifth Time This Year as Higher Targets Emerge
- —XRP trades near $1.54, about 1.4% below the $1.5611 resistance
- —Four attempts to break $1.56 from February to August were rejected
- —Breakout targets: $1.7026 (+9.1%), $1.9081 (+22.3%), $2.2832 (+48.3%)
- —Recovery started from $1.00 in August, then climbed above $1.28 toward $1.50
Why it matters: A fifth test of key resistance: a break above $1.56 could open the way to $1.70–$2.28, while a rejection would send XRP back into its trading range.
Source: The Crypto Basic