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Crypto

XRP rebounds to around $1.40, tests key resistance zone

XRP is testing a key resistance zone around $1.40 after rebounding from the lower end of a falling parallel channel, The Crypto Basic reported. The next resistance area is seen at $1.45 to $1.51, based on Fibonacci retracement levels set between $1.2522 and $1.7004. The $1.51 area overlaps the 0.618 Fibonacci level and the 50-week exponential moving average. A sustained move above $1.5128 could shift focus to $1.7004.

Crypto

XRP weakens bitcoin link; break above $1.36 seen as first hurdle

XRP is trading around $1.31 and has yet to break out of a falling parallel channel that has persisted since March 17, according to a report. A bullish divergence has appeared as RSI formed a higher low while price made a lower low, suggesting weakening selling momentum. On-chain data show dense cost-basis supply at $1.34-$1.35 and stronger resistance at $1.45-$1.47. XRP’s 7-day correlation with bitcoin is lower than ethereum’s. The $1.36 level is seen as a technical pivot, while $1.29 is cited as short-term support.