Ripple (XRP) increased by 5.66% to $1.49, attracting significant market attention.

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Ripple (XRP) has increased by 5.66% in the past 24 hours, trading at $1.49. With growing retail investor demand and bullish signals from technical indicators, market attention continues to rise. Notably, open interest in futures contracts has increased from $2.55 billion yesterday to $2.74 billion, indicating a recovery in individual investor confidence.

Technical indicators turn bullish, but long-term moving averages still act as resistance

XRP’s current Relative Strength Index (RSI) is at 58, moving out of the oversold zone. The Moving Average Convergence Divergence (MACD) is also above the signal line, showing short-term momentum recovery. However, since the price remains below the 50-day, 100-day, and 200-day exponential moving averages, analysts believe the medium- to long-term downtrend has not yet reversed.

Short-term resistance levels are at $1.66 and $1.91, while support levels are at $1.40, $1.36, $1.34, and $1.30. Market experts predict that breaking through $1.66 will be a key factor in determining whether the upward trend can continue.

2026: A turning point for the Ripple ecosystem

Ripple CEO Brad Garlinghouse recently stated that “2026 will be a decisive year for XRP,” emphasizing XRP’s core role in payments, custody, liquidity, and fund management. He revealed that with patience over the next five years, investors could see “very satisfying” returns.

Connections to the real economy are also rapidly expanding. The tokenized commodity value on the XRP ledger has surged from about $100 million to over $1 billion in recent months, a growth rate of over 900%. This positions XRP ledger as the second-largest tokenized commodity market globally, with a 15% share.

Daily settlement transactions have also exceeded 2.7 million, reaching a 12-month high, indicating increasing network usage. Notably, oil trade between India and the UAE is being processed directly in local currencies via the XRP ledger, creating a historic case of eliminating traditional SWIFT fees and pre-financing delays.

Target price in 2026 is expected to reach as high as $8, with real-world applications being key

Analysts forecast XRP’s 2026 price target in the range of $3 to $8. Some experts suggest that if global real-world application scales up, the price could even multiply further.

The 24-hour trading volume reached $3.46524 billion, a surge of 140.3% from the previous day. Centralized exchanges accounted for $3.46301 billion, while decentralized exchanges traded $2.22 million. The 30-day volatility is only up 1.94%, but the 7-day increase is 9.7%, indicating a clear short-term recovery trend.

The expansion of Ripple’s real-world payment infrastructure and the growing share of tokenized commodities are driving the price higher. Especially as XRP ledger is used for large-scale international oil trades, reinforcing its position as an alternative to traditional financial systems. Market participants are closely watching future institutional adoption cases and regulatory developments.

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This article summary is generated based on the TokenPost.ai language model. The main content may be abbreviated or may differ from actual facts.

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