🟢🔥 XRP SETS ITS SIGHTS ON THE US$1.40 REGION — US$1.50 COULD BE THE NEXT BIG BARRIER
The
$XRP is trading near US$1.40–1.41 after recovering part of the volatility seen during September. The asset has gained approximately 3.8% over 7 days, while daily volume remains above US$2.4 billion.
📊 TECHNICAL LEVELS
🟢 US$1.35–1.38 — immediate support
🟢 US$1.28–1.32 — secondary support
🔴 US$1.45–1.50 — first resistance
🚀 US$1.55–1.60 — upper resistance
🔥 US$1.70–1.80 — next area of interest
📌 CURRENT SCENARIO
🟢 XRP: ~US$1.40–1.41
📈 +3.8% in 7 days
💰 Market cap: ~US$88.6B
📊 24h Volume: ~US$2.42B
🪙 Circulating Supply: ~63 billion XRP
🔥 WHY DOES THIS REGION STAND OUT?
XRP has been trying to regain strength after falling to the US$1.28–1.31 area in mid-September, as the market reacted to the Federal Reserve decision and regulatory uncertainties in the U.S.
At the same time, institutional demand is still being closely monitored. Ripple itself notes that XRP ETFs have started attracting meaningful institutional participation in the regulated market.
Another key point is RLUSD. On 20/09, Ripple carried out a new burn of 15 million RLUSD, while the stablecoin continues to expand its activity within the ecosystem.
🚀 BULLISH SCENARIO: a recovery to US$1.45–1.50 with volume could put US$1.55–1.60 on the radar.
🔻 CORRECTION SCENARIO: losing US$1.35 may increase selling pressure and send XRP back to US$1.28–1.32.
📌 MAIN POINT TO WATCH:
The range between US$1.35 and US$1.50 concentrates a major battle. Holding support and a potential breakout above resistance will be crucial to define the next move.
⚠️ This is not financial advice. Cryptocurrencies are highly volatile and involve risk of loss. Do your own research and invest only what you can afford to lose.
#xrp #xrpl #ripple