XRP technical analysis: Buyer support fuels rally following XRP Ledger Batch V1.1 payments upgrade

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XRP jumps 5.68% as upgrade nears

Highlights

XRP Ledger's Batch V1.1 payments upgrade is nearing mainnet activation, entering a key two-week approval phase requiring 80 percent validator support.
The protocol upgrade is expected to improve payment functionality on the network, driving increased focus on XRP ahead of the September 29, 2026 implementation window.
XRP trades with strong bullish momentum and dominant buyer pressure, with a high up probability within the $1.3709 to $1.5871 expected range over the next 2 to 3 trading days.

Market enthusiasm rises as payments upgrade nears critical approval

XRP is seeing increased attention as the XRP Ledger's Batch V1.1 payments upgrade nears mainnet activation, with the amendment entering a critical two-week approval phase that requires over 80 percent validator support, according to Digitaltoday Co. This protocol upgrade is expected to enhance payment capabilities on the network, contributing to positive sentiment and greater anticipated utility for XRP. These developments have heightened market interest as participants position ahead of the September 29, 2026, implementation window.

Momentum divergence as bullish indicators meet short-term pullback

Technical analysis shows XRP trading above its MA-20 and MA-50 on the hourly chart, remaining well above the long-term MA-200. The Ichimoku Kijun level at $1.4943 provides immediate support. Both MACD and ADX are in buy territory, with RSI bullish at 62.99. Stochastic RSI is signaling an oversold condition, while CCI appears neutral, indicating a mixed setup among short-term oscillators. Bull/Bear Power points to strong buyer pressure in intraday trading, whereas Awesome Oscillator remains neutral and does not reinforce the broader trend. Although XRP sits near today's range lows, an upward gap of 0.1038 contrasts with the underlying bullish momentum, highlighting a divergence with the recent pullback.

Short-term bullish bias as upside odds outweigh downside risk

Over the next 2–3 trading days, XRP is expected to trade between $1.3709 and $1.5871. The probability of further upside is very high, while the likelihood of a sustained decline is low within this volatility band relative to current levels. The base case anticipates consolidation within this corridor, with a bullish breakout possible if resistance is breached. Should support fail, it could trigger a bearish extension, but downside risk remains limited in the short term.

Viktoras Karapetjanc, expert at Traders Union, believes the XRP Ledger’s Batch V1.1 protocol upgrade is a clear catalyst for market enthusiasm and future ecosystem use. He sees the technical setup as favorable, with indicators reflecting strong buyer interest and sentiment staying positive on anticipated utility gains. Short-term price consolidation remains likely, but bullish momentum should persist while support levels hold. "With major payments upgrades on the horizon and market sentiment aligned, I expect XRP to remain in high demand as traders focus on the upside risk."

Earlier, analysts noted that the XRP Ledger was being positioned alongside Cardano and Solana in efforts to advance automated payments through protocol upgrades and ecosystem development. The current technical setup reinforces this competitive momentum, with traders advised to monitor the $1.4943 support level as a near-term pivot for potential breakouts or reversals.

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.