$XRP is testing a major descending resistance trendline on the 4H chart after recovering from $1.26 toward $1.40.
Price briefly broke above the trendline but faced selling pressure, pulling back toward $1.34.
A confirmed breakout above $1.38-$1.40 could open the door toward $1.45-$1.50.
However, failure to hold $1.33 could push XRP back toward $1.30 and potentially $1.26.
The key is whether XRP can break and hold above resistance. Until then, the broader downtrend remains intact.
Price briefly broke above the trendline but faced selling pressure, pulling back toward $1.34.
A confirmed breakout above $1.38-$1.40 could open the door toward $1.45-$1.50.
However, failure to hold $1.33 could push XRP back toward $1.30 and potentially $1.26.
The key is whether XRP can break and hold above resistance. Until then, the broader downtrend remains intact.
