XRP tests $1.52 breakout level

XRP extended its decline below $1.520 before stabilising near $1.4437 and entering a consolidation phase as traders watch for a decisive breakout or breakdown.

The token is now trading above $1.450 and the 100-hour Simple Moving Average, with a short-term bullish trend line forming around $1.4720 on the hourly chart.

Immediate resistance sits near $1.5150 and $1.520, with a sustained close above $1.520 potentially opening the path toward $1.550 and the 50% Fibonacci retracement of the recent drop from $1.6713 to $1.4437.

Further upside hurdles are located at $1.5840 and $1.620, while a broader recovery could extend toward $1.650 or even $1.6750 if bullish momentum accelerates.

However, failure to reclaim $1.520 would keep downside risks elevated, particularly if price slips below the $1.460 support or breaks the $1.440 level.

A confirmed move under $1.440 could expose XRP to losses toward $1.380, with additional support seen near $1.350 and potentially $1.3250.

Technical indicators show the hourly MACD losing bearish momentum while the RSI remains below 50, leaving XRP compressed between key support and resistance levels ahead of a potential volatility expansion.

At the time of reporting, XRP price was $1.48.