XRP Price Surges Past $1.40 Amid ETF Inflow Speculation
- Price Breakthrough: On May 4, XRP's price surged from $1.3840 to $1.4065, driven by a sharp increase in trading volume that confirmed a breakout above the $1.40 resistance level, indicating strong market demand for the asset.
- ETF Inflow Expectations: Standard Chartered projects that if the CLARITY Act clears the Senate Banking Committee before May 21, it could unlock between $4 billion and $8 billion in additional XRP ETF inflows, further propelling price increases.
- Key Resistance Level: XRP has faced rejection at the $1.45 level four times in 2026, with approximately 36.8 billion XRP, or 60% of the circulating supply, held at an average cost basis of $1.44, creating a significant technical barrier.
- Market Dynamics: As Bitcoin's price reclaimed $80,000, XRP's performance has traders closely monitoring whether it can hold the $1.40 support level and break through $1.41 to $1.42; a drop below $1.40 could signal a reversal.
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Technical Analysis for XRP
Technical Sentiment Analysis for XRP (XRP). As of , XRP (XRP) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 3 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for XRP stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, XRP is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
XRP (XRP) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 1.243 | 1.294 | 1.344 | 1.395 | 1.445 | 1.496 | 1.546 |
| Fibonacci | 1.294 | 1.333 | 1.357 | 1.395 | 1.434 | 1.458 | 1.496 |
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