XRP Moves Above $1.40 as Traders Watch Bullish Signals

• XRP climbed above $1.40 with $3.5B volume as traders highlight $1.35–$1.40 support.
• Analyst noted oversold RSI, with traders watching $1.45 resistance and $1.50–$1.55 targets.
• Binance futures show 516.4M XRP bought vs 513.1M sold, leaving a 3.36M taker delta.

XRP rose above $1.40 after posting a gain of about 3% in 24 hours. Market data showed the token trading near $1.42 at press time, while daily trading volume surpassed $3.5 billion. The price action drew fresh attention on X, where traders shared charts and market calls. One user posted a chart and wrote that XRP was in a bull market phase. Another post focused on the recent rebound and how the price held above the $1.35-$1.40 area, which many traders now treat as a near-term support zone.

A chart shared by an X user, Doctor Profit, focused primarily on the Relative Strength Index. The user said XRP had reached extreme oversold levels and compared the setup with conditions seen at the December 2022 market bottom. The analyst said a buy signal had appeared near $1.37 and added that higher prices could follow in the next few weeks.

That view aligned with the broader discussion of XRP’s recent recovery from lower levels. Traders on X pointed to $1.45 as the next barrier and said a clear move above that level could open the way to the $1.50 to $1.55 range. At the same time, some users warned that a rejection at resistance could send the price back toward $1.00, keeping the near-term outlook split despite the rebound.

Ripple CTO Responds to Partnership and Supply Debate

Another part of the discussion came from a chart shared by X user ScamDaddy, who questioned whether Ripple’s many partnerships had a clear effect on XRP’s price. Ripple CTO emeritus David Schwartz responded by clarifying that the discussion was not about partnerships boosting XRP’s price. Instead, the argument being debated was whether reducing supply through token burns could increase its value.

Analysts Track Breakout Structure and Futures Flow

Analysts also pointed to technical setups that may shape XRP’s next move. One analysis described a multi-year symmetrical triangle on the monthly chart, where price has compressed between rising support and descending resistance lines over several years. Traders often watch that kind of structure for a breakout, especially when the price begins to stabilize after a long decline.

Derivatives data added another layer to the current move. Binance futures figures showed buy orders of about 516.4 million XRP against sell orders of roughly 513.1 million XRP, leaving a positive taker delta of about 3.36 million XRP. The 90-day Futures Taker Cumulative Volume Delta also reached its highest level since November 2024. Together with the defense of the $1.35 to $1.40 zone, those figures kept trader focus on whether XRP can hold above support and test higher resistance levels in the sessions ahead.

Related: XRP 6-Year Pattern Points to Major Price Milestones in 2026, 2028, and 2031