bullish

Spike

Strong

Resistance

<ul>
 <li>Analysts say XRP’s macro structure remains bullish while price continues forming higher lows above key support.</li>
 <li>XRP rally cooled after surge to $1.51, with RSI and MACD signaling weakening short-term momentum.</li>
 <li>Resistance remains near $1.50 as traders watch support zones around $1.44 and $1.40 for stability.</li>
</ul>
<p>XRP trades at $1.44 after a sharp rally toward $1.51 led to renewed debate around the token’s broader direction. Analysts Egrag Crypto and ChartNerd <a href="https://x.com/egragcrypto/status/2053736511103705518?s=20" rel="noopener noreferrer nofollow">pointed</a> to tightening price action, while technical indicators showed momentum cooling after heavy buying pressure pushed XRP briefly into overbought territory during the recent breakout attempt.</p>
<h2 class="wp-block-heading" id="strong-egrag-crypto-highlights-macro-structure-strong"><strong>Egrag Crypto Highlights Macro Structure</strong></h2>
<p>According to Egrag Crypto, XRP’s macro structure remains intact while price stays above the 2-month 21 EMA. The analyst stated that the secular trendline still holds, while higher lows continue forming across the broader chart structure.</p>
<p>Egrag Crypto also said reclaiming the $2.40 and $3.36 levels would provide stronger macro confirmation. In addition, the analyst estimated a 40%-50% probability that <a href="https://cryptofrontnews.com/xrp-holds-key-support-as-etf-inflows-offset-ma/" rel="noopener noreferrer nofollow">XRP</a> already formed its cycle bottom.</p>
<p>However, Egrag Crypto also noted a possible 50%-55% chance of another capitulation phase before expansion resumes. The analyst added that a move toward the $7-$13 range remains possible if breakout conditions strengthen.</p>
<p>Meanwhile, ChartNerd focused on XRP’s shorter-term structure after price briefly moved above resistance before returning into consolidation. According to the analyst, the daily stochastic RSI has already entered overbought territory while volume remains relatively weak.</p>
<h2 class="wp-block-heading" id="strong-xrp-rally-slows-after-volume-spike-strong"><strong>XRP Rally Slows After Volume Spike</strong></h2>
<p>The recent breakout began on May 10 when <a href="https://cryptofrontnews.com/analyst-sees-xrp-rally-toward-double-digits-as-momentum-builds/" rel="noopener noreferrer nofollow">XRP surged</a> from the $1.43-$1.44 region toward $1.51. Notably, the rally arrived alongside exceptionally strong trading volume, reflecting aggressive market participation during the move.</p>
<div id="media_image-7" class="widget widget_media_image cfn-widget cfn-banner cfn-banner-article cfn-banner_728"><a href="https://t.me/EliteFXLabs" rel="noopener noreferrer nofollow"><img width="1280" height="698" src="https://cryptofrontnews.com/wp-content/uploads/2026/04/EliteFXLabsBanner-0.webp" alt="EliteFXLabs Banner"></a>
</div>
<p>However, sellers later pushed XRP back toward the $1.45 support area as profit-taking accelerated near local highs. XRP currently trades around $1.44 after recording a slight daily decline.</p>
<p>Momentum indicators also show reduced upside strength following the breakout. The RSI currently is near 49.70 after previously climbing above 75 during the rally.</p>
<h2 class="wp-block-heading" id="strong-resistance-tightens-around-1-50-strong"><strong>Resistance Tightens Around $1.50</strong></h2>
<p>The MACD histogram has also turned negative, showing <a href="https://cryptofrontnews.com/xrp-buy-signal-appears-as-analysts-eye-15-breakout/" rel="noopener noreferrer nofollow">weakening bullish momentum</a> in the short term. Key resistance now is near $1.46, followed by $1.48 and the recent high around $1.51.</p>
<p>On the downside, immediate support remains near $1.44, while stronger support sits around $1.42 and $1.40. According to the chart structure, buyers continue defending the higher-low formation despite the recent pullback.</p>
<p>The post <a href="https://cryptofrontnews.com/xrp-tests-resistance-as-analyst-says-structure-still-holds-strong/" rel="noopener noreferrer nofollow">XRP Tests Resistance as Analyst Says Structure Still Holds Strong</a> appears on <a href="https://cryptofrontnews.com" rel="noopener noreferrer nofollow">Crypto Front News</a>. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.</p>

XRP Tests Resistance as Analyst Says Structure Still Holds Strong

Table of Contents

CFN

Other articles published on May 11, 2026

Join our free newsletter for daily crypto updates!