- Ripple stalls short of $1.5 after rebounding from areas around $0.85.
- Consolidation will likely take precedence based on the prevailing technical picture.
Ripple attempted to extend the up leg past $1.5 on Tuesday, but bulls hit a wall at $1.47. A minor correction occurred with the price sliding under the 100 Simple Moving Average (SMA) on the four-hour chart. At the time of writing, XRP trades at $1.39 while bulls battle the immediate moving average resistance.