---
title: "XRP Compresses Around $1.50: What Does Technical Analysis Say?"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/300464224.md"
description: "XRP trades in a tight range between $1.47 and $1.51, exhibiting low volatility and compressed price action. Bitrue Research Institute highlights a risk due to crowded leveraged longs (long-to-short ratio of 2.44) despite neutral spot momentum. A break below support at $1.4642 could trigger selling pressure toward $1.40, while a sustained move above resistance at $1.5317 may target $1.60. Trading legend Peter Brandt noted the chart's potential for significant moves."
datetime: "2026-09-29T16:26:07.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/300464224.md)
  - [en](https://longbridge.com/en/news/300464224.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/300464224.md)
generator: "portal-rs"
---

# XRP Compresses Around $1.50: What Does Technical Analysis Say?

**XRP** (CRYPTO: XRP) is trading in a tight range as compressed volatility clashes with crowded leveraged longs—a combination that historically precedes a sharp move in one direction.

### Key XRP Levels to Watch

Analysis from Bitrue Research Institute, shared in an email note with Benzinga, shows signs of a classic volatility squeeze, for XRP with price recently fluctuating between $1.47 and $1.51.

Short-term support sits near $1.4642, with resistance around $1.5317. The wider trading range is between $1.40 and $1.60.

Momentum remains neutral, with spot buying and selling pressure relatively balanced. While the daily timeframe retains a bullish structural bias, shorter timeframes remain indecisive.

The 14-day Average Directional Index (ADX) sits near 15, indicating weak trend strength and reinforcing the compressed-volatility setup.

### **A Major Risk**

Derivatives positioning tells a more bullish story than the spot market.

XRP’s long-to-short ratio stands around 2.44, indicating leveraged bulls significantly outweigh bears even as spot demand remains balanced.

Bitrue Research Institute flagged this divergence as a key risk. 

Low volatility combined with crowded longs can amplify a downside move if prices break support and leveraged positions begin unwinding.

A sustained break below $1.4642 could increase selling pressure and put $1.40 in focus.

### **Can XRP Break Toward $1.60?**

On the upside, a clean break and hold above the $1.5317 to $1.54 resistance zone could strengthen the bullish setup and open a path toward $1.60.

If neither side takes control, Bitrue sees XRP continuing to trade within the narrower $1.46 to $1.53 range.

Veteran Peter Brandt highlighted on Sunday that XRP charts alone have historically provided enough reason to take a position.

*Image: Shutterstock*

 **Read Also: XRP Chart Is 'Enough to Make A Bet,' Trading Legend Peter Brandt Says**

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## Related News & Research

- [XRP Slides 14% in a Week: Can the XRP Ledger Spark a Rally?](https://longbridge.com/en/news/305064423.md)
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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**