XRP is trading at $1.34, up more than 1% after a brutal Wednesday. Ripple CEO Brad Garlinghouse says XRP has legal clarity despite the CLARITY Act’s failure to advance, keeping Dom Kwok’s $1,000 price prediction in circulation
Garlinghouse made the comments after joining Evernorth to ring the Nasdaq closing bell, marking a milestone for its XRP digital asset treasury. He acknowledged disappointment at the bill’s stalled progress. Ripple CTO David Schwartz, on the other hand, has emphasized everyday payments and accessible investments as priorities for adoption.
As of now, XRP has also struggled to rally on news that Cross River integrated RLUSD into its core banking infrastructure, suggesting broader risk sentiment and technical positioning are dominating the near-term trade. Can the chart turn that around soon?
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XRP Price Prediction: Can XRP Reclaim $1.40 This Week?
At $1.34, XRP is hovering above the $1.32 support after a volatile spell in which it briefly fell near $1.28 before rebounding. The latest 24-hour rebound wasn’tmodest, but the last 24 hours captured sharper intraday swings.
The $1.28–$1.32 band is the key support zone, with the 200-day moving average near $1.28. Short-term momentum remains pressured, as several moving averages sit above price, but TD Sequential buy signals near $1.31 leave room for a relief bounce. The first hurdle is $1.37; a reclaim would put $1.41–$1.43 in view.
- Bull case: support holds, and XRP clears $1.37, opening a test of $1.41–$1.43.
- Base case: price consolidates between $1.28 and $1.37 as traders await stronger catalysts.
- Bear case: a sustained break below $1.28 would weaken the setup, with $1.25 as a possible next downside reference.
Longer-range targets require a much stronger structure; the $5 outlook is not a near-term signal. For now, the $1.40 area is the cleaner test of whether buyers are regaining control.
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XRP’s bounce from the session low offers some relief, but the broader setup is still conditional: lose $1.28 and the market has a fresh reason to trim risk. Even if support holds, a move toward $1.40 would be meaningful without bringing $1,000 materially closer.
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