Key Highlights
- XRP is holding above the $1.40 level, and many traders are watching it as a key foundation for price stability.
- XRP needs to move above $1.60–$1.65 to confirm a stronger upward trend, with possible targets between $2.5 and $4.
XRP is trading around $1.43 at the time of writing, as traders watch whether the token can hold its recent base after weeks of heavy selling pressure. While the price has stabilized above $1.40, the broader daily chart still shows XRP trading within a bearish higher-timeframe structure.
The latest chart setup suggests XRP is attempting to consolidate after its sharp drop in early February, but it has not yet broken the pattern of lower highs that has been in place since the July 2025 peak near $3.66.
At the press time, the trading volume of XRP has dropped 25% from the previous day to about $2.1 billion, while the market cap sits at $88.23 billion.
XRP remains below descending trendline
On the daily timeframe, XRP is still trading under a descending resistance line drawn from its July 2025 high. That keeps the broader trend weak for now, even though the token has managed to hold above its recent local lows.
The chart also shows that the $1.80–$1.90 region was a major support zone in late 2025 and early 2026. After that area broke, it turned into overhead resistance. That makes it one of the most important levels on the chart right now.
Because of that structure, the current setup is better described as a recovery attempt inside a broader downtrend rather than a confirmed bullish flag. XRP may be trying to form a short-term base, but the higher-timeframe trend will remain under pressure unless bulls start reclaiming key resistance levels.
In the near term, the first area to watch is around $1.50 to $1.60, where the price has recently faced selling pressure. A breakout above that range would strengthen the short-term recovery case. Still, the more important reclaim remains the $1.80–$1.90 zone, which aligns with the broken support band and sits just below the descending trend line.
If XRP can reclaim that area, the next upside region could open toward roughly $2.20 to $2.40. Beyond that, the chart shows a larger supply zone closer to the $2.70–$2.90 area.
$1.40 remains the near-term pivot
For now, $1.40 is the level keeping the short-term structure alive. XRP has been hovering around that mark after bouncing from the February washout low near $1.10, suggesting buyers are trying to defend the area.
As long as XRP holds around this zone, the market can continue building a sideways base. But if the price loses $1.40 decisively, downside pressure could return quickly, with the next likely support levels sitting near $1.20 and then the February low around $1.10.
That means the chart is at an important decision point. Holding above $1.40 keeps the recovery attempt intact. Losing it would likely put the recent rebound under fresh pressure.
Trading activity on options surges 74%
Meanwhile, the daily timeframe shows that XRP is moving within a tight price range, which is a pattern often seen when smaller traders are leaving the market, and bigger players slowly take control.
In the derivatives market, about 25% of open options are positioned around $1.40, making it a key support level. As long as the price stays above this zone, the current structure remains intact, while the $1.60 level stands as the next area to watch.
At the same time, the total value of active contracts remained flat at about $2.49 billion, while trading activity on option trading has surged by about 74% in the last 24 hours to $3.58 million.
In addition, the value of all outstanding option contracts has dropped by 3.34% to $59.46 million. Despite this, XRP has managed to move ahead of BNB to rank as the fourth-largest cryptocurrency by market value.
For now, XRP’s chart does not support an outright bullish breakout call. The token is stabilizing, but the higher-timeframe structure remains bearish until it breaks above $1.60 and, more importantly, reclaims the $1.80–$1.90 resistance zone. Until then, XRP is still trading as a rebound attempt inside a broader downtrend.
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