XRP Price Prediction: Can $XRP Break $1.16 Resistance Soon? XRP news today shows the token trading near $1.10. That is a sharp drop from its January 2026 high of $3.65. The altcoin has fallen
XRP news today shows the token trading near $1.10. That is a sharp drop from its January 2026 high of $3.65.
The altcoin has fallen about 69% from that peak. Traders are watching a key resistance zone at $1.16.
The XRP price prediction picture is mixed right now. Some charts show a bullish setup. Others show the coin still stuck in a wide, choppy range.
Meanwhile, XRP news is buzzing with the Clarity Act, new developer grants on XRPL, and fresh stablecoin activity tied to Ripple's network.
As of July 24, the altcoin trades around $1.1062, down 2.61% in the past day. Futures volume over 24 hours sits near $2.10 billion, while spot volume is close to $263.27 million.
Market cap stands near $69.03 billion. Open interest is at $2.43 billion, down 2.69% on the day.
Long and short positions are fairly close, with a long/short ratio of 0.9743 over 24 hours. On Binance, the long/short ratio for top traders sits at 3.0535, showing more traders leaning long.
Liquidations tell a rougher story. Over the past 24 hours, longs lost $3.60 million while shorts lost $302.58K, based on rekt data.
Is $XRP price going up or down this week?Technical charts show a possible bullish pattern. If the altcoin clears resistance at $1.16, some analysts see a move toward $1.24 as the next stop.
Chart watcher Javon Marks pointed to a converging pattern on the weekly chart. He said the coin is nearing a breaking point that could push price toward a measured move target of $15 and above over the longer term.
That kind of target is a long way off from current prices. It depends on holding key support and breaking out of its current range first.
No price move is guaranteed. Charts show possibilities, not promises.
U.S. Senate Republicans released a new draft of the Clarity Act. This bill could set clearer rules for how crypto assets like Ripple are treated under U.S. law.
Market watchers estimate a 39% to 43% chance the bill gets approved in its current form. That is still a coin flip at best.
Clarity Act news matters for Ripple because Ripple has spent years fighting regulatory uncertainty in the U.S. A clearer law could open doors for more institutional use of the token.
XRP Ledger grants and ETF inflowsXRPL Commons launched a new three-track grants program. It aims to fund developers, startups, and existing apps building on the XRP Ledger.
The program includes incubator support, milestone-based grants, and migration help for teams moving products onto the XRPL. RippleX said this expands resources for builders across the ecosystem.
Ripple noted that more than $550 million has gone into the XRPL ecosystem since 2017.
On the ETF side, spot ETFs have pulled in more than $300 million in total net inflows this year. Daily inflows have been uneven, with $0 flows on many days and spikes like $107.38K on July 10 and $6.78M on July 16.
Total net assets across spot ETFs sit near $1.01 billion as of July 23.
Date
Daily Net Inflow
Cumulative Net Inflow
Total Net Assets
Jul 23, 2026
$0.00
$1.49B
$1.01B
Jul 21, 2026
$5.66M
$1.49B
$1.06B
Jul 20, 2026
$2.49M
$1.49B
$1.02B
Jul 16, 2026
$6.78M
$1.49B
$997.18M
Jul 10, 2026
$107.38K
$1.49B
$996.65M
Jul 8, 2026
-$7.29M
$1.48B
$983.40M
Valereum PLC said Quorium Global Photonics launched a stablecoin on the XRPL. This marks another step in a proposed transaction between the two companies.
More stablecoin and payment activity on XRPL could support long-term demand for the network, even if short-term price stays choppy.
What could move price nextThree things stand out for right now. First, whether Clarity Act news turns into an actual vote. Second, whether the altcoin holds support and clears $1.16 resistance. Third, whether ETF inflows keep growing.
Any XRP price prediction should treat these as open questions, not certainties. The setup could turn bullish, or could stay range-bound for longer.
DisclaimerThis article is for informational purposes only and does not constitute financial, investment, or trading advice. Cryptocurrency markets are highly volatile and risky. Always do your own research and consult a licensed financial advisor before making investment decisions.
