XRP is currently trading at $1.41, staying almost flat throughout the day, but it is up 2.9% over the past week. Experts assess a mix of weak technical signals and increasing geopolitical tensions at the start of the new week.
Failed breakout attempt
Earlier this week, XRP’s price rose to around $1.45, reaching the top of its most recent trading range. However, the coin failed to break through a key resistance level, then pulled back again to below $1.41, a crucial line within its broader range. This kind of false breakout (rising above resistance and then falling back below it) is generally viewed as a bearish technical signal.
XRP loses momentum versus the broader market
Looking at XRP’s performance versus Bitcoin, the picture looks worse. XRP fell below its recent trading range, then recovered temporarily and returned to the range on Friday, but it rejected again and moved back below the range. One chart-monitoring expert described this pattern as something that has repeated many times before, and rarely as a positive sign.
The order flow tends slightly to the downside
Market concentration data shows a wave of new short-selling bets since September 18, even though these positions have not yet been forced to close because funding rates remain positive. In general, the order flow is described as neutral to slightly bearish; it does not point to a major risk, but it also does not provide strong support.
Why do geopolitical news add extra caution?
Away from the charts, escalating geopolitical tensions add another layer of uncertainty. The analyst said that fear in the market is not necessarily bad for trading opportunities—some of the best trades happen during periods of fear—but that logic works best when prices have already dropped significantly. Right now, XRP has just moved to the top of its range, meaning that fresh bad news at these levels poses greater risk than it would if it came after a deeper correction.
What could happen next week?
When you combine the three signals (the weakest technical structure, cautious order flow, and increasing geopolitical uncertainty), the most likely path for next week is continued sideways trading with some downward pressure, rather than an immediate rally to higher levels.
The first support is expected around $1.36, with the possibility of testing lower levels at $1.30 if selling pressure increases. A move toward $1.51 remains possible in the future, but it now seems less likely to happen quickly than it was just one day ago.