XRP Gains 7% in One Week — Can It Break $1.55?

BITmarkets Team

Sep 21, 2026

2 min read
XRP SEPTEMBER
XRP has gained nearly 7% over the past week, showing renewed strength after a volatile period for the token. Despite the latest recovery, XRP remains down close to 20% since the beginning of 2026, reflecting the broader pressure that affected much of the crypto market earlier in the year.

With XRP now trading around $1.51, the token has recovered strongly from its September low near $1.25 and is once again approaching an important resistance area. The recent rebound has improved the short-term picture, but buyers still need to overcome several key levels before the recovery could extend further.

XRP technical analysis

XRP 21.9

XRPUSD - 1 Day Time Frame

XRP is currently trading around $1.51, following a strong rebound from the support area near $1.25. The latest move has pushed the token back toward the upper end of its recent range and close to a key resistance level around $1.55.

The $1.55 area represents the first major obstacle for buyers. XRP has already tested this region during recent price action, making it an important level to watch. A sustained breakout above $1.55 could strengthen the improving short-term structure and increase the possibility of another move higher.

If XRP is rejected from this area, the first important support remains around $1.25. Holding above this level could help preserve the broader recovery and provide a foundation for another attempt at resistance. Below $1.25, the next major support is located around $1.16, while a deeper correction could eventually bring the psychologically significant $1.00 area back into focus.

XRP price target

The immediate upside target is the resistance area around $1.55. A sustained move above this level could provide another positive technical signal and shift attention toward the next major resistance around $1.70. The $1.70 area represents a prominent previous high visible on the daily chart and could therefore attract increased selling pressure if XRP reaches it.

Conversely, failure to break above $1.55 could leave XRP consolidating between $1.25 support and $1.55 resistance. A break below $1.25 would weaken the current recovery and could shift attention toward $1.16, while further downside could place $1.00 back into focus.

For now, $1.55 represents the key near-term level to watch. A sustained breakout could strengthen the case for a move toward $1.70, while rejection could increase the likelihood of consolidation or another test of lower support levels.

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Tags: Technical Analysis XRP
Last updated: Sep 23, 2026