Recent changes in how the market is organized are leading to new conversations about a potential price increase for XRP, which is currently staying steady between $1.30 and $1.40.
Although overall market signals still suggest caution, experts watching trading on Binance believe the decrease in short positions could ease selling pressure soon. Traders are also keeping a close eye on whether XRP can break through important resistance levels and start to rise towards the $1.45 to $1.50 price range.
Binance Futures Data Shows Declining Bearish Pressure
According to crypto analyst CW8900 on X, Binance perpetual futures data is showing a notable divergence between Open Interest and Net Position Delta on the 1-hour chart. The analyst highlighted that Open Interest has been falling while Net Position Delta trends upward, a combination often interpreted as short sellers closing positions rather than opening new bearish bets.
The XRP price on TradingView was stable, trading between $1.35 and $1.36, with open interest around 300 million contracts. Despite the lack of significant price changes, indicators suggest that market positioning is getting better.
CW8900 noted the situation could indicate that traders who were betting against XRP are starting to give up, as the price has consistently bounced back from recent lows.
Recent data shows a significant drop in how much leverage traders are using with XRP on Binance. According to figures from CryptoQuant, Binance’s XRP leverage ratio has fallen to 0.176 – the lowest it’s been since 2025. This ratio, which compares trading activity to the amount of XRP held by the exchange, is a key indicator of speculation in the derivatives market.
Generally, when people borrow less money to invest, it suggests a more stable market. This is because it lowers the chance of widespread, forced selling during price drops. Experts often see this as a solid foundation for future price increases.
If you’re following XRP news, the recent decrease in leverage suggests that much of the risky speculation surrounding the cryptocurrency has likely been reduced after a period of significant price swings.
XRP Triangle Pattern Keeps $1.50 Scenario Alive
Analyst Binance_Killers recently shared a market update, highlighting a symmetrical triangle pattern forming on XRP’s 6-hour chart. They observed that XRP briefly dropped to around $1.31, finding support before bouncing back towards $1.35.
The current trend will likely continue if XRP stays above its support level. If XRP breaks out of its current trading pattern, it could rise to a resistance level between $1.45 and $1.50.
According to the analyst, XRP has been consistently holding a key support level, indicated by an upward trendline. However, they cautioned that if the price falls below this trendline, it could lead to another drop, potentially reaching the $1.28 support level.
Symmetrical triangles often signal a pause in trading activity, where price fluctuations decrease before a significant price movement happens. With XRP, traders are currently focused on whether the price will break upwards after a few weeks of moving sideways.
At the time of writing, the XRP current price remained near $1.34 on major exchanges.
Technical Indicators Remain Mixed Despite Stabilization
Recent technical data from TradingView suggests a cautious short-term outlook for XRP/USD. While moving averages indicate a downward trend, the overall assessment remains neutral.
Our technical analysis revealed a predominantly bearish outlook, with 16 indicators suggesting selling, nine indicating neutrality, and just one suggesting buying. Additionally, short-term moving averages remaining above the current price point suggest continued weakness in the market over various time periods.
Key moving averages included:
- EMA (10): $1.364
- SMA (10): $1.361
- EMA (20): $1.382
- SMA (20): $1.399
- EMA (50): $1.399
- EMA (200): $1.672
XRP’s price hasn’t yet regained strong upward movement, as it’s still trading below recent highs. However, technical indicators suggest the recent price drops might be losing steam.
Currently, XRP’s Relative Strength Index (RSI) is around 40.24, meaning it’s not yet considered oversold, but its upward momentum is weak. The Average Directional Index (ADX) is at 15.58, suggesting there isn’t a clear, strong trend happening in the market right now.
While some indicators suggest prices might fall further, the overall trend isn’t strong enough to confirm that. This means prices are likely to continue moving within their current range unless something significant changes the market.
If you’re watching XRP’s price, the range between $1.26 and $1.30 is important support – meaning the price is likely to bounce back from there. Whether the price can break above $1.38 or $1.40 will show if buyers are regaining control in the short term.
Key XRP Levels Traders Are Watching
According to TradingView’s analysis, XRP is currently facing a key level around $1.385. If the price stays above this point, it could signal increasing buying pressure and potentially push the price towards a resistance level of around $1.49.
Important levels currently being monitored include:
- Pivot Point: $1.38586
- Resistance 1: $1.49246
- Resistance 2: $1.61755
- Support 1: $1.26077
- Support 2: $1.15417
If the price rises above its 10-day and 20-day averages, it could signal a more positive outlook, especially if more people start buying and trading activity increases.
However, analysts warn that if the price falls below $1.30, it could lead to more selling and potentially cancel out the positive trend recently seen in futures markets.
Despite uncertain signals from technical analysis, traders are optimistic about a potential recovery for Ripple XRP in June, fueled by decreasing risk-taking, fewer short positions, and strong support levels.
Currently, XRP’s price is staying within a limited range. The next significant price change will probably happen if buyers can push the price above a nearby resistance level and continue to hold it above the recent low.
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2026-05-26 20:15