Analyst Reveals Key Wall XRP Must Break to Hit $1.80
XRP has spent recent sessions testing traders’ patience on both sides. The asset dropped nearly 3% and is trading at $1.5205, a support level the market has defended repeatedly. Crypto analyst Diana highlighted the price action and laid out the levels now defining XRP’s near-term path.
Buyers Keep Defending $1.50
The $1.50 level has held through multiple selling waves. Diana noted that XRP “almost crashed at $1.50 and bounced,” with buyers continuing to step in at that zone. The chart shows a highlighted consolidation area where price repeatedly tested lower levels without breaking through.
Diana was clear about what a failure there would have meant, noting that the asset would have dropped to $1.44. That level sits at $1.4458, with additional support at $1.4986 and $1.5005 just above it. Those levels remain in play as long as $1.50 holds.
$1.61 Resistance Is Not Giving Way
Every push beyond $1.60 has failed. The chart marks $1.6104 as a firm horizontal resistance level, and price has rejected from that zone on multiple attempts. Diana suggests it is a wall that sellers keep defending.
The red consolidation box on the chart captures this range precisely. XRP has moved back and forth between $1.50 and $1.61 without a clean resolution in either direction. It briefly touched $1.68 during the late August surge but quickly retraced those gains. Above $1.61, the next notable levels sit at $1.7001 and $1.80.
RSI Shows Early Recovery Signs
Diana noted that the 1-hour RSI “is starting to turn up after dipping near oversold territory.” That signal suggests short-term selling momentum may be easing. The yellow moving average on the chart is declining near current price levels, reflecting the recent drop.
What the Range Means Now
Diana summarized the situation. She explained that XRP is “trapped between $1.50 support and $1.61 resistance.” The chart shows multiple ascending red trendlines projecting well above current price, alongside a steep blue trendline. Those projections become relevant only if price breaks out of the current range.
Until either $1.50 fails or $1.61 gives way, the range defines the trade. A break above $1.61 puts $1.70 in focus. A break below $1.50 opens the path toward $1.44.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Sector Update: Consumer
01:17 PM EDT, 10/05/2026 (MT Newswires) -- Consumer stocks were higher Monday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) each adding 0.4%. In corporate news, Paramount Skydance (PSKY) Chairman and Chief Executive David Ellison will be chairman and CEO of the combined company following the anticipated close of Paramount's acquisition of Warner Bros. Discovery (WBD), Paramount said. Paramount shares were up 1.6%, and Warner was fractionally higher.
Exchange-Traded Funds Rise, US Equities Higher After Midday
01:10 PM EDT, 10/05/2026 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds IWM and IVV were higher. Actively traded Invesco QQQ Trust (QQQ) added 0.6%. US equity indexes were higher after midday Monday as government bond yields rose and crude oil fell. Energy IShares US Energy ETF (IYE) and the State Street Energy Select Sector SPDR (XLE) were each up about 1.1%. Technology The State Street Technology Select Sector SPDR ETF (XLK) gained 0.4%; iShares US Technology ETF (IYW) added 0.6%, and iShares Expanded Tech Sector ETF (IGM) was 0.6% higher. The State Street SPDR S&P Semiconductor (XSD) slipped 0.6%, and iShares Semiconductor (SOXX) fell 0.2%. Financial The State Street Financial Select Sector SPDR (XLF) added 0.7%. Direxion Daily Financial Bull 3X Shares (FAS) advanced 2.2%, and its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), declined 1.9%. Commodities Crude oil lost 1.1%, and the United States Oil Fund (USO) fell 1.4%. Natural gas added 0.9%, and the United States Natural Gas Fund (UNG) gained 0.7%. Gold on Comex eased 0.1%, and the State Street SPDR Gold Shares (GLD) lost 0.4%. Silver was up 1.5%, and iShares Silver Trust (SLV) gained 0.7%. Consumer The State Street Consumer Staples Select Sector SPDR (XLP) was 0.5% higher, and the Vanguard Consumer Staples ETF (VDC) rose 0.5%. The State Street Consumer Discretionary Select Sector SPDR (XLY) added 0.4%. VanEck Retail ETF (RTH) was up 0.2%, and the State Street SPDR S&P Retail (XRT) edged up 0.1%. Healthcare The State Street Health Care Select Sector SPDR (XLV) added 0.5%, while iShares US Healthcare (IYH) gained 0.5%, and Vanguard Health Care ETF (VHT) rose 0.6%. IShares Biotechnology ETF (IBB) advanced 0.7%. Industrial The State Street Industrial Select Sector SPDR (XLI) added 0.4%. Vanguard Industrials Index Fund (VIS) rose 0.5%, and iShares US Industrials (IYJ) gained 0.7%. Cryptocurrency In midday activity, bitcoin (BTC-USD) shed 0.2%. Among cryptocurrency ETFs, ProShares Bitcoin ETF (BITO) added 1.2%,
Gold price rises as Europe debt risks boost appeal of haven assets
BUZZ-Fast LNG facility shuts down, New Fortress Energy stock falls
On October 5, shares of U.S. liquefied natural gas company New Fortress Energy (NFE.O) fell 14.3% to a historic low of $5.63. NFE stated that its Fast LNG facility was shut down due to a mechanical failure in the plant's gas turbine. The company added that it is actively working with the turbine manufacturer to restore the Fast LNG facility to operation as soon as possible. NFE expects the Fast LNG facility to resume operations in the fourth quarter. Including the decline from this trading day, the stock has fallen a cumulative 90.1% this year. (For the convenience of non-English speakers, Reuters has automated the translation of its reports into several other languages. Due to possible errors in automated translation or a lack of necessary context, Reuters does not guarantee the accuracy of translated texts and provides them solely for readers’ convenience. Reuters assumes no liability for any damages or losses resulting from the use of automated translation.)
Crypto prices
More
