XRP Price Hits Familiar $1.60 Barrier While Peter Brandt Sees $5.40

2 weeks ago 6

Rommie Analytics

Key Takeaways

  • XRP gained 4.4% over 24 hours.
  • Weekly gains reached approximately 13.5%.
  • $1.60 is the nearest resistance.
  • Initial support now sits around $1.524.
  • RSI confirms momentum but shows its speed.

XRP pauses at the 78.6% retracement

XRP traded near $1.57 at 15:06 UTC on September 22 after gaining approximately 4.4% over 24 hours and 13.5% over seven days, according to CoinMarketCap when checked.

The Bitstamp XRP/USD four-hour chart recorded a candle high of $1.595. That placed XRP within roughly 0.3% of the 78.6% Fibonacci level at $1.6.

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