XRP price prediction: $1.37 resistance in focus? XRP remains stable
XRP (XRP) is trading at $1.3432, down 0.39% for the day and sitting below its key moving averages. The price remains under short-, medium-, and long-term pressure relative to trend benchmarks.
Highlights
- XRP Ledger's mainnet upgrade to version 3.1.3 enhances technical flexibility and supports broader ecosystem development.
- Despite foundational protocol improvements, XRP price remains pressured by market-wide selling and limited near-term impact from the upgrade.
- XRP trades below key moving averages, with a projected range of $1.31–$1.37 and a higher probability of further downside.
Protocol upgrade expands ecosystem scope as selling pressure persists
The mainnet upgrade of the XRP Ledger to version 3.1.3 was completed, delivering enhanced capabilities and features for users and developers. The update is designed to support ongoing expansion of the XRP ecosystem through improved technical flexibility. While this foundational protocol change could encourage future integration and utility, price action has remained under broader selling pressure.
Momentum signals skew bearish as resistance and weak trend dominate
On the technical front, XRP is trading below the SMA-20 ($1.3793), SMA-50 ($1.3956), and SMA-200 ($1.6530). The current price is also below the Ichimoku Kijun level at $1.4087, establishing this area as immediate resistance. Today's range spans $1.3367 to $1.3467, with the price recovering into the upper half after early weakness. Momentum signals are mixed: MACD points to continued downside, ADX shows weak trend strength, and oscillators such as RSI (43.6), Stoch RSI (68.3), and CCI (-54.6) do not indicate overbought or oversold conditions but lean moderately bearish with the downward-slanting RSI and negative CCI. BBP is modestly positive, suggesting some buyer presence intraday, though D1 momentum remains negative.
Further downside favored as momentum and resistance cap recovery
In the near term, the expected trading band is $1.31–$1.37, consistent with typical volatility for XRP at current levels. The probability of a break higher is low (less than 20%), while a further decline remains the higher risk scenario according to prevailing weekly and daily bearish signals from the moving averages and momentum indicators. The baseline expectation is for price to consolidate between $1.31 support and $1.37 resistance. An upward breakout above $1.37 could prompt retests of former highs, whereas a move below $1.31 would likely lead to acceleration toward deeper support.
Earlier, analysts noted that XRP was likely to remain under selling pressure with a bias toward sideways or lower trading in the absence of a decisive breakout. Current technical signals and the recent mainnet upgrade sustain this view, keeping attention on the $1.37 resistance as a pivotal level for any shift in momentum.
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