XRP Holds Near $1.15 as RLUSD Reaches 1.8M Indonesian Users, Ripple Backs Flutterwave

XRP News

One of the altcoin market’s heavyweights, XRP is changing hands near $1.14 on the daily chart, with traders fixated on resistance at $1.15. Liquidation data shows that just above that line, cumulative short (leveraged sell-side) positioning has built up to more than $3.9 million. A high-volume break through the level could force those bearish bets to unwind, and the resulting short squeeze would add a fresh layer of buying pressure. In that scenario, $1.35 stands out as the first target, followed by the $1.50 zone. A brief intraday tag won’t cut it, though — buyers need a sustained daily close to confirm the move.

On-chain data paints a striking picture for the XRP Ledger ecosystem. In real-world asset (RWA) tokenization, the network drew $1.9 billion in net inflows over the past 90 days — excluding stablecoins — outpacing every major blockchain. Over the same window, Ethereum logged $1.6 billion, Stellar $1.4 billion and BNB Chain $848 million in net inflows. Quarterly figures put the market value of tokenized assets on the XRPL at $2.25 billion, a 124% jump on the quarter that lifted the network from seventh to fourth in the RWA rankings. The trend underscores how institutional appetite for tokenized assets continues to broaden.

On the development front, a freshly published roadmap for the XRP Ledger reinforced the long-term confidence narrative. Five priorities stand out: full quantum readiness by 2028, a native on-chain lending protocol, formal verification work, and AI-assisted security scanning. The 3.1.0 release shipped in January added the lending rails, while this week’s 3.2.0 release arrived with a maintenance and security focus. A May draft of AMM v2, meanwhile, aims to boost capital efficiency on the automated market maker (AMM) side through StableSwap and concentrated-liquidity pools. The AI-powered red team Ripple stood up in March has already filed 287 issues on GitHub.

On the price-narrative side, the $5 target for XRP has resurfaced — and louder than before. On-chain assessments suggest the next major leg won’t come in a single push but through a staged clearing of psychological price zones. Within that framework, holding above $2 is seen as a level that could meaningfully reshape market perception and pull sidelined buyers back in. The second critical threshold is the prior all-time high (ATH) at $3.65, viewed as the psychological boundary between recovery and true price discovery. Wider ETF access, growing derivatives markets and the RLUSD stablecoin are cited among the institutional pillars behind the $5 thesis.

The flip side is that downside risks remain very much alive. Through 2026, XRP has carved a series of lower highs after each peak above $3.00 — a structure that signals sellers still hold the upper hand. Near term, the $1.10–$1.15 band is the zone to watch; a daily close back below $1.10 would put $1.00 back on the table. The indicators are sending mixed signals, too: the 14-day relative strength index (RSI) is hovering around 40, pointing to weak but not oversold buying momentum. For the bear market grip to clearly break, RSI needs to climb back above 50.

The institutional-adoption story took on a new dimension recently with the retirement-portfolio debate. In the U.S., established asset manager T. Rowe Price secured approval for an active crypto ETF product, opening a door to including assets like XRP and Dogecoin in retirement accounts. XRP’s design for fast, low-cost cross-border transfers and its alignment with ISO 20022 messaging standards make it one of the few crypto assets wired directly into traditional banking infrastructure. In longer-dated scenarios, reaching a $1 million portfolio by 2035 would require the asset to trade in the $3 to $10 range — though sharp volatility remains the core risk.

According to COINOTAG’s proprietary composite support/resistance scoring engine — 42 indicators, as of 22:25 UTC — the $1.1688 resistance stands out as the toughest barrier at 78/100, a score drawn from the confluence of the R2 pivot, Fibonacci 0.214, the prior day’s high and a bearish engulfing candle. Just beneath it, the $1.1372 resistance scores 72/100 (Pivot Point, BB mid-band), while the $1.0795 support sits at 67/100 (Keltner and Bollinger lower bands) as the lifeline of the bullish case. On the derivatives side, a funding rate of -0.0033%, open interest of $647 million and a long/short ratio of 3.06 (75.4% long) flag an overcrowded long stack. The Fear & Greed Index reads 23, deep in extreme-fear territory. A sustained break above $1.1688 opens the path to $1.39, whereas a daily close under $1.0795 invalidates the bullish thesis.