XRP's Rally Above $1.30 Falters as Bears Keep Upper Hand Despite Short-Term Bounce Signals

XRP climbed back above the $1.30 mark this week but the rebound shows signs of fragility, with the token still trading below its 100‑hour simple moving average — a common indicator of short‑term momentum — and analysts noting the recovery is shaky ^{[1] [2] [3]}.

Technical charts point to resistance from a bearish trend line near $1.3420, and market watchers say a decisive slide beneath about $1.3350 could open the door to further losses, underscoring the narrow range for any sustained upside ^{[1] [2]}.

Some momentum indicators signal a potential short‑term bounce — including a TD Sequential buy on the 4‑hour chart and support identified near $1.325 — but broader market context and recent high selling pressure leave the larger picture controlled by bears ^{[4] [3]}.

In summary, XRP’s recent move above $1.30 represents a tentative recovery; traders and analysts are watching the $1.3350 resistance and the 100‑hour moving average for confirmation that any bounce can extend, while a break below near‑term support could renew downside risk ^{[1] [2] [3]}.