XRP Near $1.49 Before XRPN Goes Live: Could $1.54 Unlock the Next Rally?

XRP was trading near $1.49 on October 4, moving within a narrow $1.48-$1.50 range on roughly $1.05 billion in 24-hour volume, according to CoinMarketCap. That leaves the token sitting at a closely watched retest area rather than in a confirmed breakout.

The market is also approaching a potentially important corporate event. Evernorth shareholders have approved its business combination with Armada II, with the transaction expected to close October 7 and Nasdaq trading under ticker XRPN expected to begin October 8. Evernorth expects to hold about 473 million XRP at closing, according to the company’s announcement.

XRPN would give public-market investors exposure to an XRP treasury company, but a listing alone does not necessarily create matching new demand in the XRP spot market. Future capital deployment and share issuance remain material variables, as 24/7 Wall St. noted. For the immediate XRP price prediction, the chart still makes $1.48 support and $1.54 resistance the decisive levels.

XRP’s daily trend signals remain bullish, but MACD lags

The daily setup retains constructive trend features despite XRP’s tight trading range. At $1.49, spot sat above both the 50-day simple moving average at $1.40 and the 200-day SMA at $1.28 in the October 4 readings. The same source classified both averages as bullish and identified a 50/200-day golden cross.

Shorter-term averages point in the same direction. The 12-day exponential moving average was $1.49, above the 26-day EMA at $1.45, producing a bullish cross signal. XRP is therefore holding above its key supplied moving-average references, while the faster average remains ahead of the slower one.

Momentum is less uniform. Daily RSI (14) was 55.5, above the source’s neutral midpoint and well below overbought territory. That reading leaves room for an advance without indicating an already overheated market, according to the latest Blockspot technical data.

Yet the daily MACD has not confirmed the bullish moving-average structure. MACD stood at 0.0345 against a 0.0422 signal line, leaving it below the signal line and classified as bearish. In practical terms, XRP’s broader daily trend references are positive, but the near-term momentum measure still argues for caution while price confronts overhead resistance.

That mixed profile fits the current location of the market. A narrow consolidation around $1.49 can preserve an upward structure, but it does not by itself establish that buyers have enough momentum to force a sustained move through the next ceilings.

XRP levels to watch: $1.48 support, $1.51 and $1.54 resistance

The closest reference is the $1.48-$1.50 retest zone. Recent commentary described this band as an area that previously acted as resistance and may now function as support. With spot near the middle of that range, the market has little distance from either the first support test or the initial breakout hurdle.

LevelRoleWhy it matters$1.48Primary supportDaily pivot support and the lower edge of the retest zone.$1.46Next supportNearest stronger pivot support in the latest daily set.$1.40Trend support50-day SMA reference.$1.28Longer-term support200-day SMA trend-floor reference.$1.49Initial resistancePrimary daily pivot resistance, effectively at spot.$1.51Near-term resistanceR3 pivot and the nearest published ceiling above spot.$1.54Breakout thresholdPublished scenario resistance highlighted in recent technical commentary.$1.60Next upside zoneResistance/target zone cited after a successful reclaim of the $1.55 area.

For the constructive path, XRP would first need to remain above $1.48 and move beyond the $1.49 pivot resistance. A clearance of $1.51 would put the focus on $1.54, the threshold central to the current rally scenario. The recent CryptoCompass analysis places the next zone at $1.55-$1.60 if the retest area holds and the breakout develops.

The downside case starts with a failure to retain $1.48. That would expose $1.46 as the next supplied support. A deeper move would turn attention to the 50-day SMA at $1.40; $1.28, the 200-day SMA, remains the longer-term trend reference. These are conditional chart markers rather than forecasts, particularly with MACD still below its signal line.

Can XRPN’s debut help XRP clear $1.54?

XRPN’s expected October 8 debut gives XRP a near-term event around which traders may focus. The approved Evernorth transaction and the company’s expected 473 million-XRP holding provide a concrete treasury narrative, rather than a purely speculative listing headline.

Still, the direct price implication is not automatic. Public-market exposure through an XRP treasury company is different from immediate XRP spot buying, and the eventual effect depends on how capital is deployed and whether future share issuance occurs. The planned listing can therefore add attention without resolving the technical hurdle already visible on the chart.

On the supplied evidence, $1.54 is a plausible conditional breakout test, not a guaranteed destination. The case for XRP extending toward the published $1.60 zone would strengthen if price holds the $1.48 retest support, clears $1.51 and then sustains a move above $1.54. A daily RSI of 55.5 and the bullish 12/26-day EMA configuration leave that scenario open, while the bearish MACD reading means momentum confirmation remains absent.

Conversely, repeated rejection below $1.54—or a loss of $1.48—would weaken the immediate rally thesis and shift the technical focus down to $1.46, then $1.40. The XRPN launch may supply a timely catalyst narrative, but XRP’s ability to turn it into a further advance remains contingent on those nearby levels holding and breaking in sequence.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.