XRP Basing… but into resistance

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XRP Basing… but into resistanceXRP / TetherUSBINANCE:XRPUSDTDukesMarketAnalysisBase Forming at Support XRP continues to hold the $1.30 region with multiple successful tests, building a clear base while beginning to print short-term higher highs and higher lows Momentum Starting to Improve Price has reclaimed the 50-day EMA and RSI is pushing back above 50, suggesting early signs of strength returning after a prolonged consolidation Major Resistance Overhead The $1.44–$1.50 zone remains a heavy supply area, with repeated rejections and prior failed breakouts sitting just above current price. Further resistance above may cap prices. Structure Still Range-Bound Despite the basing behaviour, price remains within a broader 2-month range, meaning confirmation is still required before any sustained breakout In Summary XRP is beginning to base above the $1.30 support zone, showing early signs of strength with improving structure and momentum. However, price is now pushing into a key resistance region between $1.44 and $1.50, where previous rallies have failed. While the reclaim of the 50-day EMA is constructive, the broader range remains intact. A confirmed break above resistance is needed to shift the outlook bullish; otherwise, continued consolidation remains the most likely near-term scenario.