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Home » XRP Tests $1.38 Support After Pullback From $1.45
XRP Tests .38 Support After Pullback From .45

XRP Tests $1.38 Support After Pullback From $1.45

April 29, 20262 Mins ReadNo Comments Altcoins
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XRP remains under pressure after losing momentum near the $1.45 resistance area. The token has slipped lower over the past few sessions, with sellers taking control after the price failed to hold above $1.42.

XRP is now trading close to $1.39, leaving the $1.38 area as the key short-term level to watch. As long as this support holds, buyers still have a chance to stabilize the move. However, the recent rejection from $1.45 keeps the near-term setup weak.

XRP Faces Pressure Below $1.42

XRP began the week near the $1.45 to $1.46 range but failed to extend the move. The price struggled to stay above $1.44, then moved lower and broke below $1.42, which has now turned into the first important resistance level.

A move back above $1.40 would be the first sign that selling pressure is easing. However, XRP would need to reclaim $1.42 to shift the short-term picture in favor of buyers.

If that happens, the price could make another attempt toward $1.44 and $1.45. Until then, any rebound may remain limited, especially while sellers continue to defend the upper side of the range.

XRP/USD Chart

XRP/USD chart shows XRP pulling back from the $1.45 resistance area, with $1.38 now acting as the main short-term support. Source: CoinMarketCap.

On the downside, $1.38 remains the most important level for bulls to protect. A hold above this area could allow XRP to recover toward $1.40 first, followed by $1.42 if momentum improves.

If XRP breaks below $1.38, the next support comes in near $1.36. A deeper decline could then bring $1.34 into focus, where buyers may try to defend the broader range.

Conclusion

XRP is trading near the lower end of its weekly range after failing to hold momentum around $1.45. The break below $1.42 has weakened the short-term outlook, but the price has not confirmed a deeper breakdown while it remains above $1.38.

For now, XRP needs to recover $1.40 to ease immediate pressure. A stronger move above $1.42 would improve the setup and bring $1.44 and $1.45 back into play.

If sellers push the price below $1.38, the risk of a move toward $1.36 and $1.34 will increase. Until XRP clears this range in either direction, the market remains cautious, with sellers still holding the advantage.

Simeon

Simeon is a detail-driven editor who sharpens every piece with clarity and precision, ensuring clean, consistent, and professional content throughout.

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