TLDR
XRP (XRP) has broken a months-long price downtrend while the XRP Ledger shows one of its busiest periods in recent years.
- XRP has broken above a descending trendline and the 1.39 dollar resistance, with volume jumping more than 300 percent to about 205 million tokens.
- Network activity on the XRP Ledger has surged to around 2.5 to 2.7 million daily transactions, driven in part by real-world-asset tokenization and stablecoin flows.
- The key question now is whether XRP can hold the 1.39 to 1.40 dollar area as support, with resistance around 1.44 to 1.50 dollars and mixed signals from ETF flows and derivatives positioning.
Deep Dive
1. What Broke in the Downtrend
CoinDesk reports that XRP recently climbed from about 1.37 to 1.41 dollars and broke above a months-long descending trendline and the 1.39 dollar resistance zone, with trading volume more than tripling to roughly 205 million tokens during the move XRP breakout.
Spot data shows XRP around 1.40 dollars, up about 2.19 percent on the day and 3.44 percent over 7 days, with a market cap near 85.96 billion dollars and 24 hour volume around 3.68 billion dollars.
Technically, XRP has shifted from a clear early?2026 downtrend into at least a short term neutral to bullish phase, but confirmation depends on holding that breakout area on pullbacks.
2. Network Activity And Fundamentals
Multiple outlets note a sharp rise in XRP Ledger activity. Bitcoinist cites daily transactions around 2.5 million, more than double 2025 lows ledger transactions rising. CoinDesk and others put recent levels closer to 2.7 million, helped by real world asset tokenization building on XRPL RWA tokenization projects.
U.Today highlights a roughly 27.8 percent jump in daily XRP burned as fees and payment volume over 640 million XRP in a session, arguing that higher burn and payment usage indicate stronger real demand even during price dips burn and payments spike. AMBCrypto also points to rising tokenized asset value and stablecoin RLUSD becoming a major liquidity driver on XRPL XRPL activity growth.
On-chain, XRP looks healthier than its recent price suggested, which can provide fuel for a sustained trend change if risk appetite in the wider market cooperates.
3. Levels, Flows, And Risks To Watch
Technically, traders are watching whether the 1.39 to 1.40 dollar area, which capped rallies earlier, now acts as support, with near term resistance around 1.44 and then 1.50 dollars key levels and ranges. Below, recent support has clustered in the 1.34 to 1.37 dollar zone.
Some analyses flag ETF outflows of roughly 3.9 million dollars from United States listed XRP funds and negative derivatives funding as counterweights to the bullish technicals, plus large clusters of short liquidity higher up that could either cap price or fuel a short squeeze if broken liquidity expansion and shorts.
The constructive setup can fail if XRP loses the 1.39 support area or broader crypto liquidity weakens, so monitoring both price levels and network activity helps gauge whether this is a trend change or a short squeeze.
Conclusion
XRP has finally broken a persistent early?year downtrend at the same time that XRP Ledger usage, burn, and tokenized asset flows are rising. If the 1.39 to 1.40 dollar breakout zone holds as support while on-chain activity stays elevated, the odds improve for a more durable uptrend, but ETF outflows, resistance near 1.44 to 1.50 dollars, and broader market risk still make this a fragile turning point rather than a confirmed new cycle.
