XRP’s powerful weekly advance has entered a critical test after buyers failed to hold the $1.60 breakout zone. On the weekly timeframe, XRP gained 14.80% and traded near $1.6193 on Binance, with resistance sitting at $1.6999. A weekly close above that level could open the path toward $1.8111, while a sustained breakdown below $0.9882 would invalidate the broader bullish setup. The developing weekly candle opened at $1.4104 and reached $1.6581 before retreating.
Daily and 4-hour charts show the rejection more clearly. Sellers stepped in aggressively around the $1.61–$1.70 supply zone, pushing price back toward $1.47. The 4-hour chart highlights the $1.42–$1.45 demand zone, which overlaps with former descending channel resistance and creates a potential breakout-retest setup. If buyers defend this area, another attempt toward $1.60–$1.65 becomes likely. A decisive breakdown below $1.42, however, could shift attention toward the $1.28–$1.22 demand zone, with the higher moving average near $1.27 acting as dynamic support.
