XRP Price Eyes Final Resistance at $1.53 — Breakdown Risk Toward $0.87 Looms

By Crypto News Land
5 days ago
BULLISH MASS XMM XRP MMT
  • XRP approaches $1.53 resistance as Wave E nears completion
  • $1.39 support must hold to maintain bullish structure
  • Rejection could push XRP down toward $1.09 to $0.87

Ripple's XRP has reached a decisive moment that traders cannot ignore. Price action now approaches a critical resistance zone near $1.53. Market structure shows the final stages of a consolidation pattern taking shape. Momentum still leans upward, though caution remains necessary at this level. A few more pushes higher could complete the current wave count and test resistance.

https://twitter.com/CasiTrades/status/2046674570674159989

Wave E Near Completion as XRP Targets $1.53

Current price structure points toward the final leg of Wave E, which often signals the end of consolidation. Multiple subwave counts align with resistance near $1.53, making that level a clear decision point for traders. Buyers still show strength in the short term, with price continuing to climb within a defined range. Analysts expect a few more waves toward the $1.50 to $1.53 zone.

Support at $1.39 remains critical for bullish continuation and must hold to sustain momentum. A break below that level would weaken the setup and increase the likelihood of a deeper pullback. Until such a move occurs, buyers continue to maintain short term control. At the same time, market participants should keep a close eye on Bitcoin, since a move toward $79K could influence XRP price action.

Both assets tend to move together during key phases, especially near resistance levels. Timing will play a key role in the coming sessions. If Bitcoin approaches resistance near $79K and shows signs of exhaustion, XRP could struggle to break above $1.53. This scenario may result in a wave failure just below resistance, which often signals fading momentum.

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Rejection Risk Could Drive XRP Toward Lower Levels

A rejection near $1.53 would shift the outlook significantly and give sellers an opportunity to regain control. Strong selling pressure at resistance could push XRP lower in a relatively short period. Downside targets sit between $1.09 and $0.87, which represent important support zones based on previous price structure.

A move toward these levels would reflect a clear change in sentiment and confirm that resistance has held firm.Market behavior often changes quickly after a failed breakout attempt. Traders tend to exit positions once resistance proves difficult to break, which can accelerate downside momentum. This makes risk management especially important during this phase, as clear invalidation levels help limit exposure.

A clean breakout above $1.53 would change the narrative and open the door for further upside. Such a move would confirm bullish continuation and invalidate the bearish scenario. Until that happens, caution remains the smarter approach. XRP now faces a major test, and the next move will likely define short term direction.

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