CoinDesk
XRP traded near $1.1238 over the 24-hour session, holding above the $1.11 area after a sharp swing lower and a partial rebound that stalled against the $1.14 to $1.15 resistance zone. Buyers stepped in after the flush toward $1.1110, where the heaviest activity of the day printed about 106.5 million XRP, around 129% above the 24-hour average, then drove price back toward $1.1507 before sellers re-engaged.
Total session volume ran about 16.19% above the seven-day average, enough to confirm participation but not enough to clear resistance cleanly. Repeated rejections near $1.14 to $1.15 left a lower-high pattern on the hourly chart after XRP failed near $1.1308 and slipped back toward $1.1249.
Why it matters
Beneath the indecisive tape, spot XRP ETFs recorded a ninth consecutive week of net inflows, adding $17.19 million even as the CLARITY Act stalled after a scheduled Senate vote was pulled before the congressional recess. That split is the story: institutional product flows keep grinding higher under regulatory uncertainty, while price refuses to follow.
Technical analysts point to a bullish divergence off the $1.02 lows and an emerging Elliott Wave setup, but both require confirmation above the descending trendline that runs through the $1.14 to $1.18 area. The structure is improving, not yet confirmed.
Market impact
The level that matters is $1.15. A clean break there opens $1.17 to $1.20 and reframes the rebound as the start of a new leg. A failure that loses $1.1110 puts $1.08 back in play and undoes the earlier breakout attempt. Until one of those levels breaks, XRP remains pinned in a $1.11 to $1.15 consolidation, with ETF bid on one side and trendline supply on the other.
Frequently asked questions
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What level does XRP need to break to confirm a new leg higher?
A clean move above $1.15 opens the $1.17 to $1.20 zone and reframes the rebound from consolidation. Repeated failures at $1.14 to $1.15 so far have left a lower-high pattern on the hourly chart.
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What is the key downside level for XRP right now?
$1.1110 is the level bulls just defended, where volume peaked around 106.5 million XRP. A break below that puts the prior breakout level at $1.08 back in focus.
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How long have spot XRP ETFs been logging net inflows?
Spot XRP ETFs recorded a ninth consecutive week of net inflows, adding $17.19 million during the most recent week despite broader regulatory uncertainty around the CLARITY Act.
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Where does the CLARITY Act stand?
A scheduled Senate vote on the CLARITY Act was canceled before the congressional recess, removing a near-term digital-asset catalyst and leaving the bill's timeline unclear.
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What technical signals are analysts watching on XRP?
Analysts cite a bullish divergence off the $1.02 lows and an emerging Elliott Wave advance, but both setups still require confirmation above the descending trendline running through the $1.14 to $1.18 zone.
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