The combination of improving technical momentum, declining exchange reserves, and sustained whale buying has strengthened the short-term outlook , although traders remain focused on whether XRP can secure a decisive breakout above $1.12.
The current XRP price is trading around $1.107 on Bitstamp, with broader technical indicators maintaining a neutral bias as buyers and sellers battle for control.
XRP Price Reclaims Key Support as $1.12 Emerges as the Next Test
Recent price action suggests Ripple XRP has regained short-term strength after reclaiming the $1.0777-$1.0700 support zone, including the 0.618 Fibonacci retracement level at $1.0761. The area, which previously acted as resistance, has now turned into an important support level that bulls will attempt to defend.
XRP has reclaimed the $1.0777–$1.0700 support zone and the 0.618 Fibonacci level at $1.0761, strengthening its short-term outlook as bulls defend the newly established support. Source: DukesMarketAnalysis on TradingView
Market analyst DukesMarketAnalysis noted that XRP has rallied back to the $1.12 resistance zone, but buyers have yet to produce a convincing breakout. "A sustained break above resistance would strengthen the bullish case considerably, while continued consolidation above $1.077-$1.070 would still represent a constructive development," the analyst wrote.
A successful move above $1.12 could shift attention toward the July 4 swing high near $1.1843, while failure to overcome resistance may keep XRP trading within its current consolidation range.
Whale Accumulation and Falling Exchange Reserves Support XRP Price
On-chain metrics have added another bullish element to the current XRP news .
Crypto analyst Ali Martinez (@ali_charts) shared Santiment data showing that wallets holding large amounts of XRP increased their combined holdings from approximately 3.71 billion XRP to 3.83 billion XRP between July 11 and July 15. The data indicates whales accumulated roughly 70 million XRP over the past week.
Santiment data showed XRP whale holdings increased from approximately 3.71 billion to 3.83 billion tokens between July 11 and July 15, 2026, highlighting significant accumulation by large holders. Source: Ali Martinez via X
The accumulation trend coincides with declining exchange balances.
According to CryptoQuant , Binance's XRP reserves have stabilized at their lowest level since February 2026, falling from more than 3 billion XRP in late 2025 to roughly 2.61 billion XRP.
On-chain data shows Binance's XRP exchange reserves have stabilized at their lowest level since February 2026, signaling a continued decline in available exchange supply. Source: @cryptoquant_com via X
Lower exchange reserves generally indicate fewer coins are immediately available for selling. When paired with continued accumulation by large holders, reduced exchange supply can lessen medium-term selling pressure, although it does not guarantee higher prices.
XRP Technical Indicators Show Improving Momentum
TradingView's technical summary currently rates XRP/USD as Neutral, reflecting mixed signals across multiple indicators.
The 14-period Relative Strength Index (RSI) stands at 48.57, remaining close to the midpoint and indicating balanced market conditions rather than overbought or oversold momentum. Oscillator readings include two buy signals, eight neutral readings, and one sell signal, while the Average Directional Index (ADX) measures 13.29, suggesting trend strength remains relatively weak.
XRP Price Chart. Source: XRP price via Brave New Coin
Momentum and MACD indicators have begun to lean modestly bullish, although Bull Bear Power continues to issue a slight sell signal.
Meanwhile, DukesMarketAnalysis observed that the RSI has recently recovered above the 50 level, indicating improving short-term momentum following XRP's rebound. However, the Stochastic RSI has entered overbought territory, suggesting some consolidation could occur before another attempt at resistance.
Moving Averages Continue to Present Mixed Outlook
Moving averages illustrate the divide between XRP's short-term recovery and its longer-term trend.
Short-term averages, including the 10-period EMA ($1.101), 10-period SMA ($1.098) and their 20-period equivalents, continue to generate buy signals as the XRP price today trades above them.
However, longer-term moving averages—including the 50-, 100-, and 200-period EMAs and SMAs, which range between approximately $1.14 and $1.46—continue to issue sell signals. These levels may act as overhead resistance if XRP extends its recovery.
TradingView also identifies the classic pivot point at approximately $1.128, placing current price action just below a technically important level. Above that, R1 sits near $1.249, while first support is located around $0.918.
XRP Price Prediction
The near-term XRP price prediction remains dependent on whether buyers can convert the $1.12 resistance into support.
The recovery above the $1.077-$1.070 support zone, continued whale accumulation of 70 million XRP , and historically low Binance reserves provide constructive signals for the market. At the same time, TradingView's neutral technical summary and longer-term bearish moving averages indicate that broader trend confirmation is still lacking.
For now, traders are likely to watch the $1.10-$1.13 region closely. A sustained move above $1.12 could strengthen bullish momentum toward $1.1843, while rejection at resistance may keep Ripple XRP trading within its current consolidation range until stronger directional catalysts emerge.