XRP: Bulls Push Higher — But a Bigger Wall Still Stands Ahead

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XRP: Bulls Push Higher — But a Bigger Wall Still Stands AheadXRP / TetherUSBINANCE:XRPUSDTDukesMarketAnalysisShort-Term Structure on the Brink XRP has rallied strongly from the $1.3098 swing low and is now challenging the $1.47–$1.48 area. A convincing break above here would confirm a short-term bullish change of character. EMAs Continue to Favour the Bulls Price remains comfortably above the bullishly crossed 100/50-period EMAs following the recent pullback into them. Both averages are also trending higher, keeping the underlying short-term picture constructive. Pullback Lacks Selling Conviction Volume has steadily declined as XRP has pulled back from the recent $1.4835 high. That suggests sellers are yet to show much conviction, while RSI remains comfortably above 50 despite cooling from overbought conditions. The Bigger Wall Still Awaits Even if $1.48 gives way, bulls immediately face the much more significant weekly resistance zone around $1.55–$1.60. This area produced a sharp rejection in August and remains the bigger test for the recovery. In Summary XRP continues to show encouraging short-term strength after bouncing from $1.3098 and reclaiming the bullishly crossed 100/50-period EMAs. The immediate challenge is breaking through the $1.47–$1.48 highs, which would confirm a bullish change of character. Declining volume during the latest pullback is also encouraging, although momentum is cooling. Clear those recent highs and attention quickly shifts towards the much tougher weekly resistance zone between $1.55 and $1.60.