XRP Eyes Fierce Move to $1.80 If This Key Level Flips

$XRP is once again pressing toward a price level that has repeatedly stopped its advances for months.

The make-it-or-break-it $1.50 level appears to be the key threshold that could determine whether the latest recovery develops into a much larger move.

Crypto trader Dom (@traderview2) took note of this level after $XRP tested its three-month and six-month rolling volume-weighted average prices, or rVWAPs, as support this week.

According to Dom, however, turning $1.50 from resistance into support would be a more important development.

"Flipping $1.50 to support is still the only thing that matters here in the immediate," he said. Such a move could "open the door for a fierce move to $1.80+."

The accompanying $XRP/USDT daily chart shows why the $1.50 area carries so much technical weight.

$XRP has repeatedly encountered selling pressure around roughly $1.48-$1.55 since February.

Several attempts to move through that area in February, March, April, and May were rejected.

The latest rally produced another test of the same region. $XRP briefly pushed substantially above it, with a long upside wick extending toward the $1.70 area, before sellers forced the price back beneath $1.50.

Dom noted that $XRP has effectively remained trapped beneath the key level for roughly 230 days.

Bulls would need to establish acceptance above it and, ideally, successfully retest the area as support.

Rough $XRP data

According to CoinGlass data, futures open interest stood at approximately $3.18 billion, while 24-hour futures volume reached $3.90 billion.

That compares with only about $717 million in spot volume.

Open interest was also rising across many major exchanges. Binance $XRP open interest increased 3.15%, OKX rose 6.11%, Gate climbed 5.76%, and MEXC jumped 10.17%.

Binance’s $XRP long-to-short account ratio stood at 2.16, while the exchange’s top-trader account ratio reached 2.59.