XRP rallies to 29 day price high

TLDR

XRP (XRP) has briefly pushed to a roughly 29 day high near 1.60 USD, reclaiming the fourth spot in global crypto market cap.

1. XRP is now around 1.53 USD after a spike toward 1.60 USD, its highest level in about four weeks, with 24 hour volume above 5.26 billion USD.
2. The rally rides a broader Bitcoin led move and is reinforced by rising XRP Ledger activity, whale accumulation, derivatives leverage, and renewed demand for XRP exchange traded products.
3. Support near 1.45 to 1.50 USD and resistance from 1.60 up to about 1.85 to 1.95 USD are key, as heavy leverage and ETF flows can quickly amplify both breakouts and reversals.

Deep Dive

1. Recent Price High And Rank

According to current market data, XRP trades near 1.53 USD with a 24 hour change of about +0.86 percent, 7 day gains of +8.38 percent, and 30 day gains of +2.78 percent, on 24 hour volume around 5.26 billion USD.

Multiple analyses report XRP briefly hitting roughly 1.60 USD, a 29 day or four week high, before easing slightly, with one piece noting this push helped XRP overtake BNB as the fourth largest crypto by market cap.

Given an all time high price of 3.84 USD and a drawdown of about 60 percent from that peak, the move is strong on a one month horizon but still well below prior cycle extremes.

2. Flows, Network Activity, And Catalysts

On chain data shows the XRP Ledger recently reached a record of more than 7.7 million non empty wallets alongside a roughly 14 percent price jump over 48 hours and active addresses at a five week high, suggesting growing organic usage.

Other reports highlight daily XRP Ledger transactions climbing toward 3 million from around 1 million in mid 2025, and stablecoin supply on XRPs network around 426 million USD with rising transfer velocity, both pointing to deeper payment and DeFi activity.

Whale behavior and institutional flows have turned more supportive in recent weeks, with indicators of whale accumulation returning and spot XRP exchange traded products seeing fresh net inflows after a choppy period.

3. Levels, Leverage, And What To Watch

Technically, several analysts flag the 1.60 USD area as major resistance, with potential upside targets around 1.85 to 1.95 USD if XRP can sustain closes above that zone.

On the downside, supports around 1.45 to 1.50 USD, and slightly lower near 1.43 to 1.44 USD, are widely watched levels where a breakdown could signal the rally is failing and invite a move back toward the low 1.40s.

Derivatives data shows estimated leverage and mostly positive funding rates, which confirms bullish positioning but also means sharp liquidations are possible if price rejects from resistance or if ETF inflows reverse into outflows.

Conclusion

XRPs push to a 29 day high near 1.60 USD appears driven by a mix of market wide risk appetite, improving XRP Ledger fundamentals, and more aggressive positioning in derivatives and ETFs.

The setup is constructive while XRP holds support around 1.45 to 1.50 USD, but with the asset still about 60 percent below its all time high and leverage elevated, moves through the 1.60 region are likely to be volatile rather than one way.