XRP Trades Near $1.41 as Analysts Track Resistance and Monthly Trend Levels

  • XRP rose more than 5% and about 7% at different points to trade near $1.41 during a broader crypto-market rebound.
  • XRP short liquidations reached approximately $8.05 million as futures volume totaled $5.71 billion, compared with $1.36 billion in spot volume.
  • US spot XRP ETFs recorded more than $1.7 billion in total net inflows as traders monitored resistance and regulatory developments.

XRP rose more than 5% and about 7% at different points to trade near $1.41 during a weekend rally that coincided with Bitcoin moving above $80,000 and approximately $8.05 million in XRP short liquidations. Spot trading volume reached $1.36 billion over 24 hours, while XRP futures volume climbed to $5.71 billion, underscoring the role of leveraged trading and the risk of a reversal if positions unwind. The recovery followed the Senate's 49-50 failed cloture vote on the CLARITY Act and reported SEC reassurances about favorable crypto regulations. Analysts are watching $1.45-$1.55 resistance, an inverse head-and-shoulders neckline near $1.55, monthly moving-average and Fibonacci levels around $1.63-$1.65, and institutional ETF flows exceeding $1.7 billion.

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