{"id":31245,"date":"2026-10-07T20:59:13","date_gmt":"2026-10-07T20:59:13","guid":{"rendered":"https:\/\/pettysackingforum.com\/?p=31245"},"modified":"2026-10-07T20:59:13","modified_gmt":"2026-10-07T20:59:13","slug":"heres-why-another-xrp-rejection-at-1-55-could-send-it-below-1-45","status":"publish","type":"post","link":"https:\/\/pettysackingforum.com\/?p=31245","title":{"rendered":"Here\u2019s why another XRP rejection at $1.55 could send it below $1.45"},"content":{"rendered":"
<\/div>\n

XRP slipped towards $1.46 on Wednesday after another failed attempt to clear the $1.52 to $1.55 area, putting a support zone that has repeatedly attracted buyers back under pressure.<\/p>\n

The token reached about $1.523 on Tuesday before retreating, following a move to roughly $1.55 on October 2 that also failed to hold. <\/p>\n

Those repeated rejections are becoming harder to dismiss as routine consolidation. XRP still has several potential catalysts ahead<\/a>, but price action suggests sellers above $1.50 remain in control.<\/p>\n

A sustained break below $1.45 would make the short-term picture materially weaker.<\/p>\n

XRP keeps meeting sellers before $1.55<\/h2>\n

XRP traded as high as about $1.55 on October 2, then failed to maintain the move. Subsequent sessions produced highs near $1.53 and $1.52 before the token weakened towards $1.46 early Wednesday.<\/p>\n

That sequence suggests buyers are struggling to absorb supply between roughly $1.52 and $1.55.<\/p>\n

\u201cThere is a TON of overhead supply to work through,\u201d Peter Brandt said, according to Benzinga<\/a>.<\/p>\n

Brandt has not abandoned the bullish case. He sees a possible chart formation with a measured objective near $2.16, but described the developing structure as imperfect and said further consolidation may be needed.<\/p>\n

That distinction matters, as XRP can still break higher, but repeated failure around the same resistance means sellers have not yet been cleared. <\/p>\n

That makes the next test of $1.45 considerably more important for bulls.<\/p>\n

$1.45 is becoming the level bulls cannot afford to lose<\/h2>\n

XRP has spent much of the recent period trading between roughly $1.45 and $1.55<\/a>, making the lower boundary the key near-term test.<\/p>\n

FXStreet analyst John Isige warned on Tuesday that \u201can extended cap on the upside could leave buyers exhausted, prompting profit-taking and increasing sell-side pressure.\u201d<\/p>\n

XRP touched about $1.45 during Wednesday\u2019s decline, bringing the market back to an area where buyers have previously stepped in. <\/p>\n

A brief move below the level would not confirm a breakdown, but sustained trading underneath it would weaken the consolidation considerably.<\/p>\n

The 50-day exponential moving average is placed around $1.40, followed by the 200-day EMA near $1.38 and the 100-day EMA around $1.33.<\/p>\n

A confirmed loss of $1.45 would shift attention towards $1.40. If that fails, $1.38 becomes the next important structural support before the risk of a deeper correction increases.<\/p>\n

Bulls still have one clear way to invalidate the bearish setup<\/h2>\n

The bearish argument remains conditional because XRP has not decisively broken support.<\/a><\/p>\n

Crypto analyst Ali Martinez said a four-hour close above roughly $1.53 would confirm a bullish breakout. He sees $1.62 as the next major target if buyers produce that confirmation.<\/p>\n

That gives traders a clear upside test.<\/p>\n

Holding $1.45 would keep XRP range-bound rather than technically broken. Recovering $1.53 to $1.55 would undermine the repeated-rejection thesis, while a sustained breakout could put $1.62 back in focus.<\/p>\n

Upcoming catalysts may still help. Evernorth is expected to begin Nasdaq trading under XRPN on October 8, while two XRP Ledger upgrades could activate around October 8 and 9 if validator support remains above the required threshold.<\/p>\n

But those events matter only if they generate actual buying.<\/p>\n

XRP is not in a confirmed breakdown yet, but the burden is shifting towards bulls. Repeated failures above $1.50 have pushed price back to the lower end of its recent range.<\/p>\n

The post Here\u2019s why another XRP rejection at $1.55 could send it below $1.45<\/a> appeared first on Invezz<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

XRP slipped towards $1.46 on Wednesday after another failed attempt to clear the $1.52 to $1.55 area, putting a support zone that has repeatedly attracted buyers back under pressure. The token reached about $1.523 on Tuesday before retreating, following a move to roughly $1.55 on October 2 that also failed to hold. Those repeated rejections […]<\/p>\n","protected":false},"author":1,"featured_media":31246,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[72],"tags":[],"class_list":["post-31245","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news"],"_links":{"self":[{"href":"https:\/\/pettysackingforum.com\/index.php?rest_route=\/wp\/v2\/posts\/31245","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pettysackingforum.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pettysackingforum.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pettysackingforum.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pettysackingforum.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=31245"}],"version-history":[{"count":0,"href":"https:\/\/pettysackingforum.com\/index.php?rest_route=\/wp\/v2\/posts\/31245\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pettysackingforum.com\/index.php?rest_route=\/wp\/v2\/media\/31246"}],"wp:attachment":[{"href":"https:\/\/pettysackingforum.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=31245"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pettysackingforum.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=31245"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pettysackingforum.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=31245"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}