XRP price prediction: Will $1.5942 resistance hold as XRP climbs 2.25 percent?

Traders Union
All News
Crypto News
XRP jumps 2.25% today to $1.1398

Highlights

Japan’s reclassification of cryptocurrencies as financial instruments and steep capital gains tax cut provide major regulatory tailwinds for XRP adoption.
SBI Remit’s settlement of over $15 billion through Ripple’s network and new ETF filings underscore increasing real-world and institutional engagement with XRP.
XRP/USD maintains a short- and medium-term bullish technical structure with a 62% probability of holding within the $1.0848–$1.1703 trading range near term.

Regulatory clarity and tax cuts drive institutional demand for XRP

Japan's recent passage of a bill reclassifying cryptocurrencies such as XRP as financial instruments stands as a key driver, immediately enhancing regulatory clarity and laying the groundwork for exchange-traded funds tied to the asset. This change, along with a substantial reduction in the capital gains tax rate on crypto from 55% to 20%, is expected to increase institutional participation and boost demand for XRP exposure in regulated markets. Alongside these regulatory advances, major transactional activity has been highlighted, with SBI Remit having settled over $15 billion using Ripple's network, reinforcing the asset's practical adoption. The XRP network is also set to benefit from an upcoming upgrade targeting improved speed and efficiency, and SBI Holdings' recent ETF filings with the Tokyo Stock Exchange signal further potential expansion of accessible investment products.

Mixed oscillator signals as XRP holds short-term support

On the technical side, XRP is holding above the MA-20 ($1.1326) and MA-50 ($1.1201) on the H1 timeframe, while remaining below the MA-200 ($1.5942). The Ichimoku Kijun at $1.1274 serves as immediate support for price action. Momentum readings are mixed: the MACD indicates a Buy signal, ADX registers as Neutral suggesting moderate trend strength, and the RSI at 57 leans bullish, while the CCI and BBP both confirm upside bias. In contrast, the Stoch RSI points to a Strong Sell and the Awesome Oscillator is Neutral, highlighting divergence among oscillators and an uncertain near-term tone.

Potential breakout risk rises as volatility bands narrow

Over the next two to three trading days, XRP is likely to remain within the $1.0848 to $1.1703 range, reflecting a typical volatility band relative to current levels. The probability of an upward break is estimated at 62%, suggesting further potential gains if resistance is overtaken. A move above the upper band may attract additional momentum buyers, while a close below immediate support could trigger renewed selling pressure and challenge the lower end of the range.

Anton Kharitonov, Traders Union expert, sees fundamental changes driving mid-term potential for XRP. He notes regulatory advances in Japan and proven institutional adoption, but technical signals remain mixed and momentum is inconclusive. The analyst maintains a cautious stance until price action confirms direction. "Until XRP can reclaim and hold above long-term resistance, I am waiting on the sidelines for a clear signal."

Previously it was reported that Ripple's integration of AI-driven payment tools and key industry partnerships was expected to expand XRP's utility, though technical analysis indicated mixed momentum and a cautious outlook. The current regulatory advances in Japan and increased institutional engagement further strengthen XRP's adoption narrative, positioning a definitive move above the $1.1703 resistance as a critical pivot to watch for potential upside momentum in the near term.

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.