XRP Steady at $1.38 as Lending Amendment Goes Live
XRP is trading at $1.38, holding a tight range that has defined the last month of price action. It's up 1.67% over seven days and 5.11% over 30 days, even with a choppier 14-day reading of -2.59%.
The working range this week is $1.35 to $1.42, with $1.34 acting as floor support and resistance building near $1.42 to $1.45. A break above that zone opens a path toward $1.55-$1.60. Losing $1.34 shifts focus to $1.25-$1.30.
24h volume sits at $2.74 billion against an $86.79 billion market cap, keeping XRP in fifth by size. Liquidity looks healthy, not overheated.
The bigger story this week came from the protocol layer. On September 17, xrpld v3.4.0 shipped the Lending Amendment, core XRPL infrastructure aimed at institutional asset managers building payment rails on the ledger. It's not a price catalyst on its own, but it fits a pattern of infrastructure-first growth.
Meanwhile, XRP-linked ETF products have seen three straight days of outflows as Bitcoin pushes above $77,000-$80,000. That looks more like rotation into BTC strength than a reassessment of XRP itself, especially since spot price has held up despite the redemptions.
The legal overhang is fully resolved as of August 2025, and spot XRP ETFs have existed since November 2025. Supply-side mechanics remain steady and known, with escrow releases capped near 1 billion XRP monthly.
Key levels for the week ahead: $1.42 resistance, $1.34 support. Bitcoin holding above $80,000 remains a supportive backdrop. For now, XRP is consolidating, not trending.
#XRP #Crypto #Trading #MarketAnalysis #Blockchain
XRP is trading at $1.38, holding a tight range that has defined the last month of price action. It's up 1.67% over seven days and 5.11% over 30 days, even with a choppier 14-day reading of -2.59%.
The working range this week is $1.35 to $1.42, with $1.34 acting as floor support and resistance building near $1.42 to $1.45. A break above that zone opens a path toward $1.55-$1.60. Losing $1.34 shifts focus to $1.25-$1.30.
24h volume sits at $2.74 billion against an $86.79 billion market cap, keeping XRP in fifth by size. Liquidity looks healthy, not overheated.
The bigger story this week came from the protocol layer. On September 17, xrpld v3.4.0 shipped the Lending Amendment, core XRPL infrastructure aimed at institutional asset managers building payment rails on the ledger. It's not a price catalyst on its own, but it fits a pattern of infrastructure-first growth.
Meanwhile, XRP-linked ETF products have seen three straight days of outflows as Bitcoin pushes above $77,000-$80,000. That looks more like rotation into BTC strength than a reassessment of XRP itself, especially since spot price has held up despite the redemptions.
The legal overhang is fully resolved as of August 2025, and spot XRP ETFs have existed since November 2025. Supply-side mechanics remain steady and known, with escrow releases capped near 1 billion XRP monthly.
Key levels for the week ahead: $1.42 resistance, $1.34 support. Bitcoin holding above $80,000 remains a supportive backdrop. For now, XRP is consolidating, not trending.
#XRP #Crypto #Trading #MarketAnalysis #Blockchain