Story Highlights

• XRP is approaching a crucial breakout zone near $1.50, where the descending channel resistance could determine the next directional move.

• Derivatives activity is rising, with futures open interest climbing to around $2.6 billion, while the institutional flow raises concerns

  

XRP price has gained bullish momentum over the past 24 hours, climbing from around $1.41 to nearly $1.51, marking a 5–6% daily increase. The move comes after the token successfully broke above the $1.426 resistance level, a zone that had capped multiple recovery attempts in recent sessions. The breakout follows improving sentiment across the broader crypto market as major assets like Bitcoin and Ethereum continue to trade near key resistance levels.?

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The shift in market momentum has helped XRP extend its short-term recovery while attracting renewed trading interest. It recorded over $3.5 billion in 24-hour trading volume, representing a surge of more than 140% compared to the previous session, hinting towards a rise in the trader’s participation. With this, the question arises whether the bulls could extend the rally to $1.65 and clear the path to $1.83.

Derivatives Activity Points to Growing Trader Interest While Institutional Flow Remains Mixed

Derivatives markets are also reflecting increasing interest in XRP. Futures open interest has climbed to roughly $2.6 billion, indicating that traders are opening new leveraged positions as the asset attempts to establish a stronger trend. While rising open interest often supports price momentum, it can also introduce short-term volatility if leverage builds too quickly.

As a result, traders will likely monitor derivatives positioning closely as XRP tests higher resistance levels. On the other hand, institutional sentiment appears more cautious despite the improving price momentum. Recent data shows that XRP investment products recorded around $76 million in weekly outflows, including approximately $28 million from XRP-related ETFs.

This divergence between rising price action and institutional outflows suggests that the current rally may be driven primarily by retail participation and derivatives activity, rather than large institutional inflows.

XRP Tests Descending Channel Resistance

XRP continues to trade within a long-term descending channel that has defined its broader downtrend since mid-2025. After rebounding from the $1.32 demand zone, the price has moved higher and is now testing the $1.50 resistance level, which coincides with the descending trendline and the MA ribbon acting as dynamic resistance.

Momentum is gradually improving, with the daily RSI rising toward the 60 level, suggesting strengthening buying pressure after weeks of consolidation. At the same time, trading volume has increased during the recent rebound, indicating growing market participation as XRP approaches a potential breakout point.

A sustained move above the $1.50–$1.55 resistance zone could open the path toward the $1.70 supply region, while rejection may push the price back toward $1.40, with $1.32 remaining the key support level.

Can XRP Price Rally Toward $1.65 Next?

If XRP manages to sustain its momentum above the $1.50 resistance zone, the ongoing recovery could strengthen further, potentially pushing the price toward the $1.60–$1.65 range, where the next notable supply zone is likely to emerge. The improving momentum indicators and rising market participation suggest that buyers are gradually regaining control after weeks of consolidation.

However, the breakout still requires confirmation. If the XRP price fails to hold above the $1.50 level, the rally may lose strength, leading to another retest of the $1.40 support zone, while the $1.32 demand area remains the key level that bulls must defend to maintain the broader recovery outlook.

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