How High Can Ripple’s XRP Price Go This New Week?

We looked at our last XRP weekly prediction, we said the market was likely to stay trapped between $1.36 and $1.50 unless buyers could break through the $1.47 resistance zone. We also warned that if momentum faded after the rally, XRP price could slide back toward $1.30 or even $1.24.

That setup played out almost perfectly. XRP climbed to nearly $1.55 on May 16 after the U.S. Senate Banking Committee advanced the CLARITY Act, but buyers failed to hold the breakout. Profit-taking kicked in fast, Bitcoin cooled off, and XRP price dropped back into the same range we discussed last week.

Now XRP trades near $1.35, it is right above the support zone we noted. The token is up about 1.85% in the past 24 hours, mostly following Bitcoin’s broader market recovery as traders reacted to changing expectations around future U.S. interest rates.

• Factors Driving XRP Price Presently
• Ripple’s XRP Chart Analysis
• Where Could XRP Price Go Next?
• Frequently Asked Questions

Factors Driving XRP Price Presently

One of the biggest talking points this week came from the SWIFT Sibos conference on May 23. During the event, Ripple and XRP were openly discussed as a possible alternative to the old nostro/vostro banking system used for cross-border payments.

That matters because SWIFT has been one of the biggest names in global finance for decades. When institutions inside traditional banking start talking about XRP as a real settlement option, it gives Ripple more credibility with banks and payment firms looking for faster transfers.

Big investors have not run away during this drop. For the week ending May 23, spot XRP ETFs took in $12.57 million. Over the same days, Bitcoin and Ethereum funds lost money. That does not mean XRP will jump up tomorrow. But it does show that some investors are still buying after the fall from $1.55.

Ripple itself also keeps expanding its financial infrastructure. Earlier this month, Ripple Prime secured a $200 million debt facility from Neuberger to grow its institutional brokerage services.

The funding will support trading and margin financing operations as more clients enter the market. A larger Ripple institutional network could strengthen XRP’s long-term utility, especially if payment activity across the XRP Ledger continues rising.

Regulation remains the biggest macro driver. The SEC and CFTC already classified XRP as a digital commodity in March 2026, removing one of the market’s longest-running concerns.

The next big thing to watch is the Senate vote on the CLARITY Act. If lawmakers push the bill ahead again, many traders think big money could move in faster. Pension funds and large asset managers would finally have a clearer set of rules around holding XRP.

Ripple’s XRP Chart Analysis

We looked at the XRP chart. The market still looks stuck inside a wide sideways range after getting rejected near $1.55. Buyers defended the $1.30 to $1.32 zone hard during the latest drop.

That bounce helped the XRP price get back to around $1.35. The rebound also brought the RSI up near the neutral 50 line. That means selling pressure has cooled compared to earlier in the week.

Source: TradingView.com

Price action also shows XRP struggling each time it approaches the $1.42 to $1.45 area. That area worked as support earlier in May. Then after the sell-off, it turned into resistance. If buyers cannot take that zone back soon, traders may keep selling into short-lived pops and keep XRP stuck in a sideways drift.

_Related XRP News: _****Why Is XRP Price Stuck Despite 4,300 New Wallets in 24 Hours

The momentum tools are not fully negative yet. The RSI moving average has started to turn up after several days near oversold territory. Still, the XRP price stays below the lower highs made after the May 16 pump. For the chart to look better, buyers need a clean break above $1.45 first. Then they need to push through $1.50 to open the door back toward the earlier highs.

Where Could XRP Price Go Next?

Likely Case

This week, XRP will probably stay stuck between $1.30 and $1.45. Big money is still coming in. But everyday traders are being careful. They want to see what happens with the CLARITY Act and the economy first.

Bitcoin is still in charge. So XRP will mostly follow whatever the rest of the market does. If price moves stay small, XRP could drift sideways for a few more days before trying to break out again.

Bullish Case

If XRP pushes above $1.45 and turns that zone into a floor, strength could come back fast. That would put $1.50 in reach again, followed by another test of last week’s high near $1.55. Better feelings in crypto, more ETF money, or good news from the Senate on the CLARITY Act could help buyers aim for the $1.60 level after that.

Bearish Case

If Bitcoin weakens again and XRP loses the $1.30 support zone, sellers could take over. In that case, the next levels down would be near $1.24 and then $1.20. Low trading volume and repeated rejections below $1.45 would make another drop more likely, especially if the bigger market mood turns bad again.

However, XRP has cooled off after its run up to $1.55. But the market has not fallen apart either. Big investors are still buying through ETFs. Ripple keeps growing its payments network. And regulators have already cleared up some of the uncertainty around the token.

What happens next depends on one thing. Can buyers take back the $1.45 to $1.50 resistance zone? If yes, the XRP price could challenge the May highs again. If not, traders may keep holding the lower support area and wait for the next big rule change before making bigger moves.

Frequently Asked Questions

 **Why Is XRP’s Price Up Today❓**

XRP price is up today because the broader crypto market moved higher alongside Bitcoin, which gained about 1.62% over the same period. Traders also reacted to growing expectations that future U.S. rate cuts in 2026 could support risk assets like crypto. At the same time, buyers defended the $1.31 to $1.33 support zone, helped by positive XRP Ledger developments and momentum ahead of the XRPL 3.1.3 upgrade on May 27.

 **Is XRP a Good Investment❓**

XRP can appeal to investors looking for exposure to cross-border payments and crypto growth, especially now that U.S. regulators have classified it as a digital commodity. Ripple’s expanding institutional network and steady ETF inflows also support the long-term case. Still, XRP remains volatile and heavily tied to Bitcoin and broader market sentiment, making it a riskier choice for conservative investors.

 **How Many XRP Would You Need To Become a Millionaire by 2030❓**

The answer depends on where XRP price trades by 2030, but if the token reaches around $17 to $19, investors would need roughly 53,000 to 58,000 XRP to hit a $1 million portfolio value. At today’s XRP price near $1.35, that would equal an investment of about $72,000 to $78,000. Still, those projections depend on adoption, regulation, and how much XRP grows within the global payments market over the next few years.