"XRP stalled right at $1.51, the bottom of a resistance zone that stretches up to $1.57. This is the same area where the March 17 rally to $1.60 started to unravel, as XRP got above it briefly but couldn't hold, and then retraced back to $1.30."
"If XRP is now holding at that level after a pullback instead of falling through it, that's a sign the selling at $1.44 may be drying up."
"One reason that level may not drag XRP down again is that exchange reserves have dropped over 55% since late 2025, with billions of XRP moved into cold storage even while the price was falling."
"If the ceasefire holds, XRP has already pushed through the level that stopped every rally since March, and the path higher from here has a lot less resistance than before."
XRP is trading at $1.44 after a 4% dip from $1.50, facing resistance at $1.51. Previous rallies have stalled at this level, but recent behavior suggests selling pressure may be decreasing. Unlike past pullbacks to $1.30, XRP is holding at $1.44, indicating potential support. A significant drop in exchange reserves may contribute to this stability. The upcoming ceasefire expiration on April 22 could impact market dynamics, but if it holds, XRP may experience less resistance moving forward.
Read at 24/7 Wall St.
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