XRP has recorded a modest uptick in recent sessions, reflecting a broader recovery across the cryptocurrency market. Despite this, the asset has remained under pressure throughout 2026, influenced by macroeconomic uncertainty and persistent geopolitical tensions.

This raises the question of whether current price levels may attract renewed demand or whether downside risks remain. The near-term outlook will likely depend on how price behaves between key support and resistance zones.

XRP technical analysis

XRPUSD - 1 Day Time Frame

XRP is currently trading near $1.32, holding at a key support level that has remained intact for approximately two months. The repeated defense of this zone suggests it continues to act as a strong short-term structural floor.

Price is positioned between this support and a nearby support/resistance (S/R) level around $1.45, which has previously acted as resistance. If XRP manages to establish acceptance above this level, it may begin to function as support, potentially attracting increased buying interest.

From a technical perspective, a move above $1.45 could shift attention toward the $1.60 resistance level, where prior price reactions indicate the presence of supply.

XRP price target

If XRP sustains its position above the $1.32 support and manages to break above the $1.45 S/R level, the probability of a move toward the $1.60 resistance could increase. A sustained move beyond this level may open the path toward higher price areas, potentially approaching the $2.00 psychological level, depending on broader market conditions.

Conversely, if selling pressure reappears, XRP may continue to trade within its current range. In that scenario, price could oscillate between the $1.45 resistance and the $1.32 support level, with a potential move below support bringing lower price areas into consideration.

From a broader perspective, XRP appears to be stabilizing after a period of sustained selling pressure. Price behavior around the $1.45 level will likely play an important role in determining whether the current move develops into a more sustained recovery or remains part of a wider consolidation phase.

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