XRP climbed 6.34% over the past week to $1.44, outpacing Bitcoin’s advance over the same stretch. CoinCodex data points to $1.44 as a heavy resistance area that has been tested and rejected several times during the last two weeks. The daily RSI has reached 67.7, leaving the token close to overbought conditions in the short term.
Price action centers on the $1.44 ceiling
If XRP pulls back, the first support sits at $1.38, a level that lines up with the 50-day moving average. A move below that area could expose $1.35 and the 25-day moving average. On the upside, analysts cited in the source say that sustained daily closes above $1.44 could shift attention quickly toward $1.54, where the 200-day moving average stands as the next major barrier.
The source notes that XRP is still moving higher even while facing strong resistance, though traders remain divided on what is driving the move. Some see genuine accumulation. Others see short-term momentum. That split matters most when price is sitting directly under a level the market has failed to clear repeatedly.
Open interest and funding stay relatively steady
Derivatives data shows a more balanced setup than a heavily crowded rally. Open interest in XRP futures is currently $414.8 million, signaling active participation from traders. Funding rates remain near neutral at 0.0015%, which suggests long-side leverage has not become excessively stretched.
That combination tends to support price stability. Rising price with flat funding usually points to a market that is not being driven purely by aggressive leveraged longs, reducing the immediate risk of a sudden long liquidation event.
Trading volume reaches $1.81 billion across markets
Across spot and derivatives markets combined, XRP recorded $1.81 billion in daily trading volume. The source describes that jump as a sign of strong participation from both retail and institutional investors. XRP is also retesting a key price structure that has held for nearly eight years, a region widely viewed as a historical accumulation zone.
Near-term focus remains on whether XRP can hold above $1.44 after a breakout, rather than on distant price projections. The source mentions that some market watchers have discussed a path toward $10 if current support levels remain intact, but it also describes those views as highly speculative and tied closely to broader market conditions.