XRP Faces Key Resistance at $1.60 Amid Bullish Momentum

XRP is maintaining a constructive short-term structure following a rebound from the $1.25-$1.32 support zone. The asset is currently testing a major supply region between $1.60 and $1.70, where previous upside attempts have faced rejection. While the daily chart shows consolidation around $1.54, the broader trend remains bullish as long as higher lows are preserved. A decisive daily close above the $1.60-$1.70 resistance level could signal further gains, whereas a drop below the $1.25-$1.32 support area might weaken the current momentum and expose lower support levels near $0.93-$0.97.