XRP Ledger upgrade nears approval. Can XRP regain momentum?

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XRP gains 0.82% today to $1.11

Highlights

XRP has been formally recognized by DTCC for use in clearing and collateral functions, enhancing its profile for institutional adoption.
SBI Digital Finance is partnering with Doppler Finance to advance institutional XRP infrastructure in Japan, leveraging clear regulatory support.
XRP price momentum is strongly bullish intraday, with a forecast range of $1.0989 to $1.1333 and high probability of an upward move.

Institutional interest rises as DTCC and Japan initiatives advance

XRP received formal recognition as a cryptocurrency by the Depository Trust & Clearing Corporation (DTCC) in its Learning Center as of July 15, 2026, with guidance for its use in clearing and collateral functions, according to Pluang. This classification marks an important step for XRP's integration with established financial infrastructure, potentially enhancing its credibility and appeal among institutional participants. Additional developments include the XRP Ledger's fixCleanup3_2_0 amendment progressing into its final two-week activation phase after strong validator backing, according to Crypto, and Binance launching a $800,000 XRP airdrop campaign for eligible RLUSD stablecoin holders, as reported by Crypto. In parallel, SBI Digital Finance has partnered with Doppler Finance to develop institutional finance infrastructure for XRP in Japan, based on the country's regulatory clarity, as reported by News Bitcoin.

Bullish momentum sustains despite longer-term resistance

On the hourly chart, XRP remains above both its MA-20 and MA-50, reinforcing short- and medium-term momentum, while on the daily timeframe the price holds below its MA-200, indicating persistent longer-term resistance. The Ichimoku Kijun sits at $1.1149 and serves as immediate support, with the current intraday low positioned just above it. The Moving Average Convergence Divergence (MACD) shows a strong buy reading and is supported by Average Directional Index (ADX) data indicating firm bullish momentum. The Relative Strength Index (RSI) reads 56.111, which is interpreted as a buy signal, while Stochastic RSI presents a strong buy indication, suggesting the asset is neither overbought nor oversold. The Commodity Channel Index (CCI) remains neutral, Bull/Bear Power provides a strong buy signal highlighting dominance by buyers, and the Awesome Oscillator maintains a neutral stance.

Upside breakout likely as consolidation narrows risk

For the next two to three trading days, XRP is expected to consolidate within a typical volatility band between $1.0989 and $1.1333. The likelihood of an upward breakout from this range is considered very high, while a downward move below support is viewed as having a very low probability. The baseline scenario envisions sideways movement within this corridor, but a clear push above $1.1333 resistance could trigger additional gains. Conversely, a decline below $1.0989 would open the path for a bearish scenario if downside pressure materializes.

Viktoras Karapetjanc, expert at Traders Union, sees XRP as gaining strong institutional credibility following DTCC’s official classification and new regulatory clarity in Japan. He notes that the asset’s technicals reveal bullish momentum in the short to medium term, though long-term resistance remains at MA-200. He believes surging validator support and Binance’s incentives support underlying sentiment, while consolidation between $1.0989 and $1.1333 creates a tactical range for investors. Karapetjanc expects a constructive bias with a high likelihood of an upside breakout if resistance is cleared. "Institutional engagement and positive regulatory steps put XRP on a stronger path for growth in the coming days."

Earlier, analysts noted that XRP's positive sentiment from regulatory wins and ecosystem partnerships was offset by persistent technical weakness, resulting in a broadly range-bound outlook. The latest momentum shift, coupled with ongoing institutional adoption, signals a potential inflection point, with traders now watching for a sustained breakout above $1.1333 as a catalyst for renewed upside.

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.