XRP (XRP) Reclaims $1.35 as 200-Day Moving Average Marks Key Technical Shift

XRP Holds Above 200-Day MA

XRP (XRP) is attempting to build an entirely new market structure after its explosive August breakout, with the token now trading near $1.42 following a brief push to roughly $1.70 during the initial surge. The rejection from that local high has cooled the first phase of the rally, yet the overall technical picture remains far stronger than it was at the start of the month. Chart data on XRP/USDT shows the asset still holding above all four major moving averages on the daily timeframe — the most significant being the 200-day moving average, which sits at $1.35. XRP spent the majority of 2026 below that indicator, so the recent reclaim represents a meaningful long-term shift rather than a routine bounce. The breakout structure should hold as long as the $1.35–$1.40 zone stays intact; below that band, the advance risks becoming just another temporary spike. Shorter averages offer thinner support, with the 50-day and 100-day averages near $1.20 and $1.13 respectively, and the 20-day EMA around $1.24. For readers new to the asset, our XRP glossary guide explains how the token functions as Ripple's cross-border settlement asset. Volume adds weight to the move: the breakout coincided with one of the largest volume expansions the chart has printed in months, though trading activity has since faded as price consolidated — a sign the initial wave of aggressive buying has subsided rather than a wholesale exit.

RSI Cools From Overbought

Momentum readings reinforce the consolidation narrative. The daily Relative Strength Index (RSI) — a momentum oscillator that flags overbought conditions above 70 — climbed above 80 during the breakout and has since settled near 69. That pullback from overbought territory is constructive, suggesting overheating is unwinding without the trend breaking. Immediate resistance sits at $1.50, and a daily close above that level would reopen the path toward $1.60 and the recent $1.70 peak. Still, another vertical rally is not required: a period of sideways digestion below $1.50 would not necessarily damage the bullish setup given how extended the token became after the fast climb. Those tracking sentiment across the broader altcoin market will note that peers show similar cooling — Stellar's RSI has slid toward 54 after topping 70 — indicating the August surge broadly pressed short-term momentum extremes. Traders looking to act on these levels can review our guide on where and how to buy XRP, though position sizing matters more than usual while the market pauses between resistance tests. Readers tracking the market in real time can follow live spot and futures prices on Gate.

COINOTAG Composite: $1.4066 Wall in Focus

COINOTAG's proprietary 42-indicator composite S/R scoring engine rates the $1.4066 resistance at 81/100 — a STRONG ceiling built on the confluence of a low-volume node, the Value Area High, a high-volume node and the point of control. Below, the engine scores the $1.1514 support at 80/100, driven by a flip of prior resistance into support, the 0.786 Fibonacci retracement, the 50-day SMA and the Value Area Low. Spot price currently sits at $1.3815, down 3.11% over 24 hours, placing price directly beneath the strongest ceiling while RSI reads 64.30 and MACD stays bullish in an uptrend. Derivatives positioning leans crowded: funding at 0.0021% is mildly positive, open interest stands at $928 million, and the long/short account ratio of 2.80 (73.7% long) shows retail heavily skewed bullish — a setup vulnerable to a squeeze lower if the ceiling rejects again. With the Fear & Greed Index at 68 (Greed), the bullish scenario requires a daily close above $1.4066 to target the 68/100-scored $1.6999 resistance; a rejection there that flips $1.3190 (53/100) into failed support would invalidate the near-term bullish thesis.