XRP Eyes Breakout as $1.40 Resistance Faces Renewed Pressure

  • After 20 days of consolidation below $1.40, XRP might be ready for a bullish breakthrough according to fresh data.
  • With the addition of XRP to its payments app, the massive Japanese e-commerce platform Rakuten is opening up its 44 million customers to spend it at over 5 million merchants.

The crucial $1.4 resistance level has been challenged twice by XRP throughout the last two weeks. Time and again, sellers were able to halt market rallies by holding the price down. Still, it seems like price action is eager to give it another go.

An further effort to transform $1.4 into crucial support seems probable, given the growing positive momentum. There has to be greater purchase volume for XRP for it to be successful. After 20 days of consolidation below $1.40, XRP might be ready for a bullish breakthrough according to fresh data. At the time of writing, XRP is trading at $1.35, down 1.3% in the last 24 hours as per data from CMC.

This comes after a change in Binance activity indicates less sell-side pressure. Withdrawals and deposits on Binance are behaving similarly to June 2025, when the cryptocurrency began its surge to $3.65.

The transaction flows for XRP on Binance have shifted away from being heavily dependent on deposits, as pointed out by crypto analyst Amr Taha. According to the seven-day average, XRP withdrawals increased to 53% and deposits decreased to 46%, resuming levels last saw in June 2025.

Still Part of a Larger Downturn

XRP is seeing a surge in price due to increased trading activity and the efforts of whales, but it is still part of a larger downturn and has not yet shown signs of a long-term positive turnaround.

With the addition of XRP to its payments app, the massive Japanese e-commerce platform Rakuten is opening up its 44 million customers to spend it at over 5 million merchants. The integration of XRP into a prominent consumer ecosystem is further enhanced by the fact that users may purchase XRP with reward points and save it in Rakuten Wallet.

A significant break above $1.40 to $1.42 would indicate further upward momentum, while a decline below $1.32 to $1.30 would likely render the breakout meaningless, thus traders are keeping a close eye on $1.37 as a pivot point.

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Source: https://thenewscrypto.com/xrp-eyes-breakout-as-1-40-resistance-faces-renewed-pressure/