XRP price prediction: XRP Ledger upgrade enhances security? XRP up 2.31%

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XRP gains 2.31% today, hits $1.36

Highlights

Development of a more secure XRP Ledger signals ongoing commitment to enhance technological robustness in the XRP ecosystem.
Upgrading the network to counter vulnerabilities may bolster institutional and user confidence, supporting medium-term demand for XRP.
XRP trades under key moving averages with persistent bearish signals; projected range is $1.3150–$1.4400, with downside risk favored.

Technological upgrades boost sentiment as security focus grows

Development of a new version of the XRP Ledger aimed at improving security is underway, highlighting the ongoing commitment of the XRP ecosystem to enhanced technological resilience. Such initiatives can boost user and institutional trust, potentially supporting demand for XRP as its network is upgraded to address potential vulnerabilities. This focus on technological advancement creates a positive backdrop for sentiment around the token.

Seller control prevails as technical barriers hold and momentum weakens

XRP faces strong resistance at specific technical levels, with the SMA-20 at $1.4096, SMA-50 at $1.3968, and SMA-200 at $1,688.60 all above the current price. The Ichimoku Kijun level at $1.4265 further marks near-term resistance, while support is found near $1.3150. On the daily time frame, MACD remains in sell territory and the ADX signals weak trend strength. Momentum indicators show an RSI of 43.44 and CCI at -132.86, pointing to limited buying momentum and an oversold state. Stoch RSI has generated a strong buy signal, yet the BBP indicator stays negative, indicating ongoing intraday dominance by sellers. There was no significant price gap at the open, and the current price is trading closer to the top of today's range, reflecting moderate volatility with a slight upward tone.

Range trading expected as bearish bias limits upside

In the short term, XRP is likely to trade within a typical volatility band of $1.3150 to $1.4400. The probability of a sustained price increase remains low, as weekly trend indicators continue to signal a bearish bias. The baseline scenario is for range-bound movement between established support and resistance. Upside potential would only emerge if the price breaks decisively above $1.4265, while a move below $1.3150 could open the way for renewed declines.

Viktoras Karapetjanc, expert at Traders Union, sees positive signals emerging for XRP as the ongoing development of an upgraded XRP Ledger builds confidence in the ecosystem. He notes that broader sentiment could improve as network security advances, supporting constructive demand even as technical resistance remains firm. Karapetjanc believes the fundamental backdrop is getting stronger, while the price is still capped by important technical levels. He expects sentiment to turn more bullish once resistance at $1.4265 is overcome. "Commitment to XRPL security upgrades is a strong foundation for future growth in XRP demand," he says.

Earlier, analysts noted that XRP was under continued bearish pressure despite signs of rising institutional interest and upcoming network upgrades. The current technical landscape reaffirms a cautious outlook, with traders advised to monitor whether the price can establish support above $1.3600 to signal a potential shift in momentum.

Source of Data: XRP Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.