- XRP struggles to hold momentum after failed breakout attempt
- Key support at $1.35 remains critical for short-term direction
- Sentiment rises as adoption and regulatory outlook improve
XRP is starting to look a bit shaky in the short term. Not collapsing, but definitely losing that push it had earlier. According to analyst Crypto Fiya, the setup has turned mixed, and maybe a little fragile too, especially after that recent breakout didn’t really follow through.
Price did break out of a symmetrical triangle, which usually signals continuation. But this time… it didn’t stick. Momentum faded quickly, and what looked like the start of a move higher just stalled out. Now XRP is hovering right around $1.35, and that level suddenly matters a lot more than it did before.
Lower Highs Start Building Pressure
One thing that stands out right now is the structure. XRP keeps printing lower highs, which isn’t exactly what you want to see if you’re bullish. It suggests buyers are stepping in less aggressively each time, and sellers are gaining a bit of control, slowly but surely.
At around $1.37, the price is already showing weakness, down over 4% on the week. It’s not a dramatic drop, but it adds to the overall tone, which feels cautious, maybe even slightly bearish.
If that $1.35 support gives way, the next logical area sits lower, somewhere in the $1.20 to $1.25 zone. That’s where buyers might try to regroup. But if it gets there, it means this current structure didn’t hold.
Bulls Need to Reclaim Strength Quickly
On the flip side, there is still a path back. If XRP can reclaim $1.45 and hold it, that would ease some of the pressure building on the chart. It wouldn’t flip everything bullish overnight, but it would at least show that buyers are stepping back in with more conviction.
Right now though, momentum feels balanced… but tilted slightly down. Bulls aren’t out of the game, just not fully in control either.
Sentiment Rises Even as Price Struggles
Here’s where things get a bit interesting. While price action looks weak, sentiment is actually going the other way. Discussion around XRP has surged, hitting levels not seen in about two years.
Part of that comes from developments like the Rakuten Wallet integration, which adds another real-world use case to the ecosystem. It’s the kind of news that doesn’t always move price immediately, but it changes how people think about the asset over time.
Bigger Picture Still Building in the Background
There’s also a broader narrative forming around regulation. A recent survey showed that around 65% of institutional respondents see the proposed CLARITY Act as a potential catalyst for XRP. Clearer rules could open the door for more institutional money, which is something the market has been waiting on for a while.
So, XRP sits in a bit of a strange spot. Short-term, the chart looks uncertain, even weak at times. But longer-term, sentiment and adoption are quietly improving.
That $1.35 to $1.45 range? It’s not just another range. It’s probably where the next move gets decided
