Compass Investments

XRP Price News: Why the Uptrend of the Ripple-Associated Token Has Stalled Near the $1.15 Level.

– Spot XRP ETFs recorded their ninth consecutive week of positive inflows, increasing by $17.19 million despite general regulatory uncertainty.

The CLARITY Act faced delays due to the cancellation of a scheduled Senate vote ahead of the congressional recess, which deprived digital assets of a short-term catalyst for growth.

Analysts continue to monitor XRPs long-term downtrend line, with the $1.14$1.18 range considered the next level for bulls to break through.

Some technical analysts have noted improvements in price patterns, including a bullish divergence from the $1.02 lows and a potential rally based on Elliott waves; however, these signals still require confirmation through a break above the resistance level.

During the 24-hour session, XRP traded around $1.1238, holding above the $1.11 level following a volatile decline.

The token lagged behind the CD5 by 143 basis points, indicating that this movement was not significantly driven by asset-specific factors.

Trading volume exceeded the 7-day average by 16.19% , which is enough to demonstrate market participant activity but not enough to confirm a clear breakout.

The highest activity was recorded near the session low of around $1.1110, where trading volume reached 106.5 million XRP, which was approximately 129% above the daily average.

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Later, buyers pushed XRP up to $1.1507, but the price movement failed to hold at the upper boundary of the range.

Key point: XRP held the $1.11 area but failed to turn the rebound into a sustained move above the $1.13$1.14 level.

The previous breakout above $1.08 remains valid, but the next phase of growth will require higher trading volume when resistance is breached.

The pullback near the $1.1507 level indicates that sellers are still active in the same zone that has held back recent recovery attempts.

The hourly structure has weakened after XRP failed to hold above $1.1308 and pulled back to $1.1249, forming a lower high pattern during the day.

XRP remains in a consolidation phase between support near $1.11 and resistance near $1.14$1.15.

The $1.1110 level is a key support level on the downside, as buyers defended it during the session.

The $1.1249$1.1270 zone is the nearest support level following the latest intraday pullback.

$1.1308$1.1325 is the first resistance zone that bulls must break through.

$1.14$1.15 remains a more significant hurdle due to repeated failures near this zone.

A clear break above $1.15 will shift the focus to the $1.17$1.20 range, while a break below $1.1110 will weaken the recent recovery and refocus attention on the $1.08 level.

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