XRP (XRP) has slipped back toward $1.41 after a failed attempt to clear the $1.45 resistance, leaving traders waiting on the next decisive move.
XRP Price Action
The token had pushed toward $1.45 earlier in the week before sellers stepped in, according to analyst EllaWeb3.
She flagged the rejection at the upper edge of the range. XRP slid from $1.4534 to $1.4137 over a single 24-hour session. Heavy selling hit on May 6, when 131 million in volume drove the price through support at $1.4460.
The pullback came even as Ripple kept expanding its institutional tokenization work on the XRP Ledger. JPMorgan, Mastercard and Ondo Finance were involved in a recent cross-border tokenized U.S. Treasury settlement on the network.
Yet the market reacted to the chart, not the headlines.
Traders are now watching $1.40 to $1.41 as primary support, while $1.45 to $1.47 caps the upside, and thin liquidity raises the odds of a sharper swing once the range finally breaks.
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Analyst View
Analyst More Crypto Online argues the broader picture has not really changed. From an Elliott Wave standpoint, the current move still looks corrective rather than impulsive.
XRP appears to be developing a B-wave range while Bitcoin (BTC) has already produced stronger rallies in the current phase.
The $1.22 to $1.55 zone remains the dominant range, and as long as price stays trapped inside, the structure favors a corrective outlook over a clean reversal.
Recent Swings
There is also room, the analyst said, for another C-wave decline into the $0.98 to $0.48 area. A temporary push toward the $1.78 to $2.87 region remains possible, but would still fit within a larger corrective scenario rather than a fresh bull run.
XRP has spent most of 2026 stuck between roughly $1.30 and $1.45, with bears defending the upper edge on every attempt. The token briefly touched $1.50 on April 17, its highest level since a March spike to $1.60. Momentum has steadily faded since then, and the May 11 Senate Banking Committee markup of the CLARITY Act now looms as the next major catalyst.
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