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XRP Price Upside Threatened as $1.42 Emerges Key Resistance

NewsBTC|Aayush Jindal|March 2, 2026 at 04:28 AM|1 views

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🤖AI Summary

XRP price recovered above $1.3820 but faced rejection near $1.42 resistance. The cryptocurrency is consolidating below the 100-hourly moving average with key resistance at $1.4080 and support at $1.340.

Key Takeaways

→XRP broke above a bearish trendline at $1.360 but failed to sustain above $1.40 resistance
→Key resistance levels are $1.4080 (61.8% Fib level) and $1.420, with upside targets at $1.440-$1.50
→Downside support is established at $1.340 and $1.3220, with further support at $1.30
→Technical indicators show MACD losing momentum in bullish territory while RSI remains above 50
→Price needs to settle above $1.40 to continue the recovery wave toward higher resistance levels

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