How High Can Ripple’s XRP Price Go This Week?

In our last XRP weekly prediction, we outlined three possible scenarios. We had three possible paths for XRP. If it broke above $1.50, the next stop was $1.60. If it just hung around, we’d see it chop between $1.40 and $1.50. And if it got rejected at $1.50, we’d be looking at a drop to $1.30.

The first one is happening. The XRP price climbed to $1.5024 after a 4.40% gain in one session. That $1.50 wall that had been blocking the way for days finally cracked. Buyers have also held the downside well. The short-term trend is still pointing up. So now everyone’s watching to see if XRP can stay above $1.50 and take a run at $1.60.

The XRP Price Breaks Above a Major Resistance Level

We analysed the XRP chart. The first thing that jumps out is that break above $1.50. XRP was at $1.10 in late July. From there, it ground its way up through $1.30 and kept climbing to $1.5052. The structure looks clean. Higher highs, higher lows, week after week. That’s what a healthy uptrend looks like.

Source: TradingView

Volume was solid too. 41.11 million XRP traded in the last session. People are participating. If buyers stay in control, $1.60 is the next level. Above that, $1.70 and $1.90 come into view. Those are the big ones to watch if this run keeps going. Support is equally important. The first level to watch is $1.4343, the recent session low. Below that, support zones appear near $1.30 and $1.10.

Catalysts Driving the XRP Price This New Week

Beyond price action, Ripple continues to benefit from improving regulatory sentiment in the United States. A post from X Finance Bull that got a lot of attention pointed out that Ripple reportedly spent about $150 million fighting the SEC over the years.

Now, Ripple’s CEO Brad Garlinghouse is sitting on the CFTC Innovation Advisory Committee, talking about where crypto regulation is headed. For people who’ve held XRP through the legal mess, that’s a huge shift.

The committee includes heavy hitters too, Nasdaq, CME Group, Cboe, NYSE, DTCC, all alongside crypto companies. When regulators and Wall Street start sitting at the same table, the market tends to like it. Less uncertainty usually means more confidence, and that kind of backdrop can only help XRP sentiment going forward.

Read Also: XRP Price Just Erased 3 Months of Losses in 3 Days, XRP ETFs Explode

Where Could the XRP Price Go This Week?

XRP is holding steady above $1.50. Buyers are in charge as long as it stays above $1.4343. If it breaks $1.5052, $1.60 is next. And if the momentum keeps rolling, $1.70 could be in play by the end of the week.

But the RSI is getting stretched. Bearish divergence is creeping in too. So a little sideways action or a dip wouldn’t be a shock before another push higher. For now, the breakout still stands. The real test is whether the XRP price can flip $1.50 from a ceiling into a floor. If that happens, things get a lot more interesting. If it does, the path higher gets a lot clearer.

FAQs

Subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.

Tags:

Funbi Afe
Funbi Afe

Funbi Afe is content strategist with a strong background in technical writing, cryptocurrency, journalism, and copy editing. Passionate about simplifying complex topics, Funbi crafts clear, engaging content that informs and inspires diverse audiences. With expertise spanning blockchain technology, SEO strategy, and market analysis, Funbi is dedicated to helping brands and communities deliver impactful, polished messaging in the fast-evolving digital space.

pepeto
CaptainAltcoin
Logo