XRP is trading at $1.41, roughly flat on the day but still up 2.9% over the past week, as experts weigh a mix of weakening technical signals and rising geopolitical tension heading into the new week.
A Failed Breakout Attempt
Earlier this week, XRP rallied toward $1.45, pushing into the top of its recent trading range. But the token failed to break above a key resistance level and has since slipped back below $1.41, an important line within its broader range. That kind of fakeout, rallying just above resistance before falling back below it, is often read as a bearish technical signal.
XRP Is Losing Ground Against the Broader Market
Looking at how XRP is performing relative to Bitcoin, the picture looks worse. XRP had dipped below its recent trading range, briefly recovered back into it on Friday, but then got rejected and slipped below the range again. One expert following the chart called this a pattern he’s seen many times before, and it’s rarely a good sign.
Order Flow Is Leaning Slightly Bearish Too
Market positioning data shows a wave of new short bets building up since September 18, though those shorts haven’t been forced to close yet since funding rates remain positive. Overall, order flow is being described as neutral to slightly bearish, not screaming danger, but not offering much support either.
Why Geopolitical News Adds to the Caution
Beyond the charts, rising geopolitical tension is adding another layer of uncertainty. The analyst said that the fear in the market isn’t automatically bad for trading opportunities, some of the best trades happen during fearful periods, but that logic works best when prices have already dropped significantly. Right now, XRP has just rallied to the top of its range, meaning fresh bad news landing at these levels is a bigger risk than if it had come after a deeper pullback already.
What The Week Ahead Could Look Like
Taking all three signals together, weaker technical structure, cautious order flow, and rising geopolitical uncertainty, the more likely path for next week is continued sideways trading with some downward pressure, rather than an immediate rally toward higher levels.
Support is expected first around $1.36, with a possibility of testing the low $1.30s if selling pressure builds. A move toward $1.51 remains possible down the road, but it now looks less likely to happen quickly than it did just a day earlier.
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