MakroVision Research has published a technical update on XRP identifying the $1.32 to $1.55 range as the decisive structural zone, with $1.55 as the key resistance that must be broken on a sustained basis before the overall chart picture improves and a move toward $1.82 becomes probable.
The Current Structure
XRP has worked its way back toward the upper boundary of the short-term range after the recent impulsive pullback. The area around $1.54 to $1.55 is back in focus as the first significant overhead hurdle. MakroVision’s assessment is that despite the recovery, the broader chart picture remains damaged. Price is still trading below the major resistance zones that would indicate a structural trend change. The current movement looks like an attempt to form a base after the sharp decline rather than a confirmed recovery.
The range between $1.32 and $1.55 is the structure that currently matters. Both boundaries have specific roles. Support at $1.32 is the level that keeps the current stabilization intact. As long as XRP holds above it, the base-forming attempt remains valid. Two daily closes below $1.32 would invalidate the stabilization and materially increase the probability of a retest of lower levels.
The Upside Scenario
A sustained break above $1.55 is the condition MakroVision identifies as the trigger for a meaningful improvement in the technical picture. Above that level, a move toward $1.82 becomes the primary target. That area represents the next significant resistance zone on the higher timeframe. A clean break above $1.82 would be required before the medium-term chart picture fully relaxes and a broader recovery scenario becomes the base case rather than an alternative.
The percentage distance from current levels near $1.44 to $1.55 is approximately 7.6%. The distance from $1.55 to the $1.82 target is approximately 17.4%. The two-stage structure means a confirmed break of $1.55 opens a 17% move to the next resistance without requiring a separate catalyst at each level.
The Downside Scenario
If the current rejection at resistance continues with renewed impulsive momentum, selling pressure is likely to build quickly. The critical level on the downside is $1.32, where MakroVision places the support that underpins the current stabilization. Two daily closes below that level shift the structure from base-forming to breakdown, with the risk of testing lower areas increasing significantly from that point.
The rejection at the $1.54 to $1.55 zone has already occurred multiple times, which is the detail MakroVision emphasizes in its conclusion. A level that has rejected price on repeated attempts carries more resistance significance than one that has been tested only once. Each failed attempt at $1.55 adds weight to the resistance and reduces the probability that the next attempt succeeds without a change in the broader market environment.
The Summary Judgment
MakroVision’s conclusion is precise. Below $1.55 the current recovery is technically a counter-trend bounce rather than a structural reversal. Only a clear break above $1.55 on a sustained basis changes that assessment. The situation is tightening because price is approaching the decision level again after multiple prior rejections. The next test of $1.55 will either confirm the resistance or begin the process of breaking it.
As covered in earlier reporting this week, XRP has been trading near $1.44 with both RSI signals below the 50 midpoint on the 1-hour chart and price sitting below the declining 50 SMA. The MakroVision analysis adds a higher-timeframe structural read that confirms the same critical zone identified across the shorter-term technical picture.
