Crypto News
XRP is consolidating in a tight $1.40-$1.45 band after bouncing off the low-$1.30s in late August. Resistance is stacked between $1.43 and $1.50, the immediate technical fight that decides whether the next leg targets $1.60-$1.72 or stalls back into range.
Why it matters
Analyst Zach Rector has been tracking the total value of tokenized assets settled on the XRP Ledger: $3.72 billion, up 30x year-over-year but still orders of magnitude short of the scale required to justify triple-digit pricing. "That right there is why we're not at a $100 XRP or $1,000 XRP," Rector said, framing the path as one that needs to climb from billions into the hundreds of billions before those levels become mathematically realistic. Adam Popat, CEO of Settlement, added institutional weight this week with a new integration between Ripple's custody platform and Settlement's asset lifecycle system, the first offering built specifically for compliant institutional entry into XRPL tokenization.
Market impact
The near-term structure is intact. A clean break above $1.50 on rising volume opens the path toward $2.00-$2.10 as the next psychological magnet. Support sits at $1.35-$1.38, reinforced by the 200-day EMA and roughly 3.2 billion XRP in prior trading volume at that level; a break below $1.31 puts the $1.25 zone and the 50-day EMA back in play. Q2 on-chain data showed fewer active accounts but roughly three times higher trading volume per account, a mixed signal of consolidation around fewer, heavier participants. Longer-range XRP forecasts still cluster well below $100, reinforcing the ledger's tokenization metrics as the real gatekeeper for anything beyond incremental gains.
Frequently asked questions
-
Why isn't XRP at $100?
Tokenized assets settled on the XRP Ledger total just $3.72 billion, up 30x year-over-year but still orders of magnitude below the scale required to justify triple-digit pricing, per analyst Zach Rector.
-
Where is XRP's immediate resistance?
Resistance is stacked between $1.43 and $1.50. A clean break on rising volume opens the path toward $1.60-$1.72, with $2.00-$2.10 as the next psychological magnet.
-
What is the Ripple-Settlement integration?
Adam Popat, CEO of Settlement, detailed a new integration between Ripple's custody platform and Settlement's asset lifecycle system, the first offering built specifically for compliant institutional entry into XRPL tokenization.
-
Where is XRP's key support?
Support sits at $1.35-$1.38, reinforced by the 200-day EMA and roughly 3.2 billion XRP in prior trading volume. A break below $1.31 puts the $1.25 zone and the 50-day EMA back in play.
-
Is XRP's recovery structure still intact?
Yes. The price has held the $1.35-$1.45 consolidation band after bouncing off the low-$1.30s in late August, though volume has thinned relative to the prior rally.
CoinTelegraph
CryptoSlate
Crypto Rank News
Altcoin Daily
CoinDesk
WatcherGuru
Lookonchain