XRP Jumps 10% Toward $1.15 — Is a Bigger Rally Ahead?

XRP surged by more than 10% over the past 24 hours, supported by renewed optimism on the regulatory front as industry officials gathered at the White House. Despite the sharp rebound, XRP remains down around 40% since the start of 2026 after facing significant selling pressure alongside the broader crypto market.

The latest move has nevertheless brought XRP back toward an important resistance area, making the next price reaction particularly relevant for traders.

XRP technical analysis

XRPUSD - 1 Day Time Frame

XRP is currently trading around $1.11 after rebounding strongly from the psychologically important $1.00 support level. This area recently marked a 2026 low and has now produced a notable reaction from buyers. The rebound has brought XRP closer to the $1.15 S/R level, which is currently acting as resistance and has not been sustainably breached since mid-June. This makes the area an important short-term test.

A convincing move above $1.15, followed by the price holding above the level, could strengthen the bullish structure and allow the former resistance to begin acting as support. Until such a breakout is confirmed, XRP could continue consolidating between the $1.00 support and $1.15 resistance levels. A renewed decline toward $1.00 would place attention back on whether buyers can continue defending this psychologically significant area.

XRP price target

In a bullish scenario, a confirmed breakout above $1.15 could open the way toward the next major resistance around $1.30, last tested in mid-June 2026. This level would represent a more significant upside objective and could attract increased selling pressure if reached.

If bullish momentum becomes particularly strong and XRP establishes support above $1.30, attention could eventually shift toward the higher $1.50 resistance area, although this would represent a considerably more optimistic scenario. Conversely, failure to break above $1.15 could keep XRP trading within its current range, while renewed selling pressure could send the price back toward the $1.00 support level.

Much of XRP’s next move could depend not only on its technical structure but also on broader crypto market sentiment, macroeconomic conditions, regulatory developments, and geopolitical factors. For now, the main level to watch is $1.15, as the reaction there could help determine whether the latest 10% rebound develops into a broader recovery or remains a short-term bounce.

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