XRP price prediction: Will $1.32 support level hold? XRP trades sideways
XRP (XRP) is trading at $1.3678, marking a daily decline of 0.47%. The asset remains below its key moving averages, reflecting ongoing negative sentiment over the recent session.
Highlights
- Fifty percent of XRP Ledger nodes have upgraded to v3.1.3, enabling enhanced security and supporting broader institutional adoption.
- XRP-focused ETF inflows persist despite declining crypto markets and a recent court ruling clarifying XRP is not a security on secondary markets.
- XRP trades below key moving averages with ongoing bearish momentum; short-term support is near $1.32, resistance at $1.44, further decline likely.
ETF inflows and legal clarity offset by persistent price pressure
On May 21, 2026, 50% of nodes on the XRP Ledger were reported as having completed the upgrade to the v3.1.3 release in preparation for a mainnet upgrade designed to enhance network security and implement key fixes. Recent inflows into XRP-focused exchange-traded funds were recorded, indicating reallocation toward the asset even as broader crypto markets showed weakness. In parallel, a court decision established that XRP traded on secondary markets does not constitute a securities transaction, though certain institutional sales remain subject to securities law, while ongoing payments ecosystem expansion by Ripple has broadened the asset's adoption among institutional users. These company and regulatory developments have been accompanied by persistent downward pressure on price action.
Seller exhaustion emerges as price consolidates near support in low volatility
XRP is currently positioned below the SMA-20 at $1.4138, SMA-50 at $1.3956, and SMA-200 at $1.6976. The nearest resistance is marked by the Ichimoku Kijun level at $1.4477, while today’s low forms the lower boundary of a tight intraday range at $1.365, with a recent high at $1.3759. Indicators present a mixed momentum picture: MACD and ADX show neutral momentum, the RSI at 43.34 and CCI at -107.32 signal mild oversold conditions, and the Stoch RSI is deeply oversold at 8.34, pointing to possible exhaustion of sellers. The Awesome Oscillator direction aligns with the prevailing downward trend, and the BBP remains negative, suggesting further short-term seller dominance. Price is consolidating near session lows in low volatility conditions, with a minor gap noted at the open ($1.373 versus the prior close of $1.3743).
Downside risk prevails as technicals point to extended sell bias
In the near term, XRP is expected to consolidate within a volatility band of $1.32 to $1.44. The probability of a price increase is low, with weekly indicators such as RSI, ADX, MACD, and the MA-50 suggesting continued sell pressure. The baseline scenario envisions sideways trading in this band, while a breakout above $1.45 could open the way to higher levels. Conversely, a drop below $1.32 would likely trigger further downside toward new local lows. Overall, sellers retain the advantage in the short term, although oversold conditions may limit the extent of immediate declines.
Earlier, analysts noted that XRP was under sustained bearish pressure amid weak technical signals and declining institutional support. The latest combination of regulatory developments, ETF inflows, and ongoing technical weakness adds new dimensions to this outlook, making price action around the $1.32 level a critical pivot for traders monitoring potential downside risk.
Latest XRP News
- Forex
- Crypto