XRP Price Prediction: Sentiment Hits FOMO Extremes as Price Stalls at Key Resistance Level

XRP is getting a lot of attention again, and this time it’s not just coming from traders staring at charts. A new integration now lets users convert Rakuten points into XRP, and that kind of real-world use case tends to get people excited. That excitement is showing up clearly, with social sentiment jumping to one of its highest levels in the past two years.

However, news like this doesn’t always push the XRP price up right away. It usually plays out in stages. First comes the hype, the chatter, and the rush of optimism. Then things settle down a bit. That second phase is often where the real price reaction occurs. So even though the mood is bullish right now, that doesn’t mean the move happens instantly.

XRP sentiment is running hot

At the moment, sentiment around the XRP price is running high. The spike in bullish chatter has pushed sentiment into what many would describe as a FOMO zone. That’s not automatically a bad thing, but it does come with a pattern.

In the past, when sentiment has reached similar levels, the XRP price hasn’t always kept moving up right away. In fact, it often pulls back first. That usually happens because too many traders rush in at the same time, and the market needs to cool off before deciding on the next move.

None of this takes away from the bigger picture. The integration itself is a positive step. It brings XRP into a new ecosystem and adds another layer of real-world use. It just means timing matters. The XRP price might need a bit of breathing room before any bigger reaction kicks in.

Network activity is slowing a bit

With regards to the on-chain data by Glassnode, a slight cooling has occurred. With the drop in price of XRP by around $0.07 to $1.37, there has been a decrease in network activity. This is noted in terms of active addresses which decreased from 40,000 to around 32,000.

That kind of drop shows that participation is easing off slightly, not just price moving on its own. It adds to the idea that the market is in a cooling phase right now.

That said, activity is still strong overall. Even after the dip, transaction volumes remain high compared to historical levels. So even though things have slowed down a bit, the network itself is still being used heavily.

The XRP price is getting compressed

When you look at the charts, the XRP price is being squeezed into a tight range. It’s trading around $1.37, caught between a falling resistance line from the March highs and a rising support line from April’s lows. Those two lines are closing in, and that kind of setup usually leads to a breakout.

This is one of those moments where the market is deciding what comes next. The XRP price won’t stay in this narrow range forever. A move is coming, but the direction isn’t clear yet.

4-hour XRP price chart analysis.

There are still a few things leaning against the bulls right now. The XRP price hasn’t been able to push above the 100-period moving average near $1.41. Every time it gets close, it struggles to break through. Momentum also isn’t fully there yet, with RSI sitting below the neutral level.

Volume is also relatively low. It’s fairly quiet, which means there’s no strong conviction behind the current moves. That makes the setup feel more like a pause before a breakout, not the breakout itself.

The bigger trend hasn’t flipped yet

If you zoom out, the XRP price is still dealing with the effects of a long decline. It’s come down a long way from its highs near $3.80, and recoveries from that kind of drop usually take time.

There was a moment earlier this year where volume spiked hard, which looked like sellers finally giving up. Since then, the XRP price has tried to stabilize, but it hasn’t cleared some key levels on the daily chart yet.

Daily XRP price chart analysis.

Those levels matter because they act like checkpoints. Until the XRP price gets above them and stays there, the broader trend doesn’t fully turn. There are clear targets above if things improve, starting around $2.25 and moving higher from there. But getting there depends on momentum picking up again.

What to watch next for the XRP price

Right now, the XRP price is in a bit of a standoff. On one side, there’s growing adoption and renewed attention. On the other hand, the chart hasn’t fully confirmed a trend change yet.

The ongoing squeeze should be carefully monitored. The potential breakout above resistance, accompanied by high volume, will likely be the catalyst for further gains, marking the beginning of a bullish reversal and confirming the dominance of buyers once again.

If it breaks lower, then the market may need more time, possibly revisiting lower support levels before trying again. CoinCodex's 1-month XRP price prediction places the price at $1.35, which sits about 1.6% below the current level. That forecast sees XRP going essentially nowhere over the next month, drifting sideways or slightly lower.

At the moment, the XRP price seems to be in a stage of waiting. The mood, the build-up have been created; however, the action has yet to materialize. In all likelihood, the breakout on the horizon will define what will come next.