XRP Price Eyes Major Move as $1.03–$1.15 Range Tightens

NewsWed, 05 Aug 2026 09:58:19 UTC1 hour ago

TLDR

  • XRP trades near the key $1.06 support level as its daily triangle pattern tightens.
  • Bulls must defend the $1.03 to $1.06 zone to limit further downside risk.
  • A daily close above $1.15 with strong volume could confirm a bullish breakout.
  • XRP futures volume fell 4.36%, while open interest remained almost unchanged.
  • CryptoQuant data showed leverage near a six-month low as traders reduced risk.

XRP price trades near $1.06 as buyers and sellers wait for a clear move from a tightening symmetrical triangle. The current XRP price prediction depends on whether bulls can protect support between $1.03 and $1.06.

The token faces resistance between $1.12 and $1.15. A daily close above that range, backed by stronger volume, could support a bullish breakout. A close below $1.03 could expose XRP to deeper losses.

XRP Price Prediction Tracks Triangle Breakout

The daily chart shows XRP moving close to the triangle’s tip. This setup often leads to a sharp move when price breaks either boundary. Traders are watching volume for confirmation.

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