XRP is attempting to recover after a turbulent week marked by sharp price swings. Ripple's cross-border token declined from a weekly peak of $1.50 to below $1.30 following the US Senate's failure to advance the CLARITY Act, before rebounding slightly above that level.
Analysts suggest improving momentum and a potential rotation toward altcoins may support the token's recovery, supported by emerging technical signals.
Key Support and Resistance Levels
Analysts identify the $1.31–$1.35 range as critical short-term support that XRP must defend. Following the week's selloff, the token has repeatedly hovered near this area.
If support holds, the next resistance points to watch are $1.38–$1.40, followed by $1.50–$1.54, which previously halted upward momentum.
Market Structure Shifts
Futures open interest fell more than 20% over several days this week as leveraged traders reduced positions following regulatory and macroeconomic volatility. This deleveraging suggests speculative excess has been flushed from the market, though it may also limit near-term upside momentum while reducing vulnerability to liquidation cascades.
XRP showed signs of relative strength on Friday's rebound by slightly outperforming Bitcoin, while analysts track whether capital begins rotating away from Bitcoin toward altcoins more broadly.
Technical Indicator on Watch
XRP's 5-day moving average is approaching its 200-day moving average, positioning the asset close to forming a golden cross—a technical indicator traditionally viewed as a bullish momentum signal, though not a guarantee of gains.
A healthier technical backdrop would require the asset to defend the $1.31–$1.35 support zone, reclaim $1.40, break through $1.50, and maintain gains as broader altcoin momentum strengthens. Several other altcoins have posted larger gains in recent days while XRP has lagged comparatively.
