- XRP rose above $1.40 while Bitcoin surpassed $81,000.
- A 23% increase in daily sales shows that salespeople are working.
- The CLARITY Act, the entry of ETFs, and regulated exposures would help many bulls.
XRP is trading close to the resistance level of $1.40, the recent rise is pushing the cryptocurrency to an important level amid general market interest.
While the upswing has stalled following Bitcoin’s drop to above $81,000 and a slight pullback, a short break could be the basis for a consolidation ahead of XRP.
The Ripple-linked economy appears to have been hit with news that a key figure has arranged for a deposit on behalf of Ripple stock.
XRP price today
XRP is trading near resistance at $1.40, with price action dropping sharply after the latest push amid Bitcoin’s rally to above $81,000.
Cryptocurrency linked to Ripple may look for additional. However, it also risks the return of potential profits in the market.
The 23% increase in daily volume shows that traders are working, with the bulls needing a break to conserve energy.
Ripple CTO founded XRP Holdings
Chief Technology Officer Emeritus of Ripple, David Schwartz, publicly admitted that he has a small amount of XRP, saying that he has moved most of his assets away from crypto exposure.
He revealed this through Xnoting that they recognize that crypto offers a “once in a generation” financial opportunity. However, Schwartz says he is choosing peace of mind over the potential windfall that crypto promises.
In this case, he has decided to buy Ripple stock to show the company’s wealth without worrying about the high volatility that is known for cryptocurrencies.
“I don’t have much left. I’ve tried to get most of my wealth (except for Ripple stock) from crypto shows.
The price of XRP shares
The technical chart of XRP shows that the price continues to move sideways, currently above the levels created since February 2026. Buyers have generally taken $1.35 in recent weeks, with some support around $1.30.
While traders are taking part in staying steady, bulls could be as low as $1.50.
Currently, the high RSI at 52 on the daily chart supports this view. The daily RSI, sliding above 52, supports this view, indicating bullish momentum without being overbought.
External resources such as the CLARITY Act, the growth of ETFs, and increased access to cattle.
Notably, Russia’s Moscow Exchange (MOEX) will launch four new crypto indexes next week.
Presence on May 13 are XRP, Solana (SOL), Tron (TRX), and Binance Coin (BNB) indexes. MOEX aims to improve corporate transparency and liquidity.
