Can XRP Break Higher? Key $1.38 Resistance Remains in Focus

XRP continued trading near $1.32 after another failed attempt to move above key resistance around $1.36. The token remains locked in a narrow consolidation range between roughly $1.30 and $1.38, a pattern that has controlled price action for months.

During the May 27 session, XRP traded between $1.30 and $1.34 before settling close to $1.32. A brief rally toward $1.36 failed to hold, with more than 62 million XRP traded during the rejection before the price moved lower again.

XRP Support and Resistance Levels Stay in Focus

Traders are closely watching the $1.30 support level, which has remained strong despite several retests. Analysts say the lack of heavy selling below this zone suggests larger holders are not rushing to exit positions.

At the same time, repeated failures near the $1.36 to $1.38 range continue to confirm it as XRP’s main resistance area. Short-term momentum also weakened after XRP struggled to recover support near $1.337.

What Could Trigger the Next XRP Move?

Market sentiment across crypto has softened, but on chain data still shows XRP moving off major exchanges, a signal some traders view as long-term accumulation.