#ShareWeekly

XRP/USDT is trading near $1.35–$1.39, consolidating directly around its 200-day Exponential Moving Average (EMA) near $1.355. Following an August expansion toward the $1.45 region, short-term momentum has decelerated into a range-bound structure as traders de risk ahead of key macroeconomic events, including the mid September FOMC decision.

Derivatives open interest currently sits near 2.17 billion XRP, indicating a decline in speculative leverage that reduces short-term cascade risks while market participants wait for a directional trigger.

Key Technical Levels
The 14-day Relative Strength Index (RSI) sits near 51.8, resetting to neutral territory. Holding above the 50 mark on the daily timeframe is critical for bulls seeking to preserve the broader post summer recovery structure.

Institutional Product Flows: XRP spot and institutional funds have logged steady baseline inflows, balancing out softer retail volume in derivative markets.

Regulatory Updates: Trader focus remains tied to US market framework discussions, including updates surrounding cross-border digital asset clarity (CLARITY Act).

XRPL On-Chain Expansion: Ongoing ledger updates aimed at enhancing Automated Market Maker (AMM) efficiency and reducing account storage fees continue to strengthen real world payment and tokenization infrastructure.

Bullish Reclaim: A sustained daily close above $1.355 re-establishes momentum toward the local resistance ceiling at $1.433, with a secondary target at $1.55.

Bearish Retest: Failing to defend $1.338 opens the path for a retest of the lower moving average pocket between $1.24 and $1.27.

$XRP