XRP price is showing signs of life again, rising around 1.4% today and trading just below $1.40 after several weeks of difficult price action. One chart that deserves attention comes from ana
XRP price is showing signs of life again, rising around 1.4% today and trading just below $1.40 after several weeks of difficult price action.
One chart that deserves attention comes from analyst Moe, whom we haven’t previously covered on CaptainAltcoin. His thesis takes a much longer-term view of XRP than the typical daily or weekly setup. Rather than treating the decline from the 2025 highs as evidence that XRP’s larger rally is finished, Moe believes the deep retracement may be part of a bullish retest.
His argument centers on XRP’s three-month chart, where price has returned toward an important historical support region after previously breaking through major multi-year resistance.
Moe initially expected the XRP price to fall slightly further, but now believes the support visible on the three-month chart may hold. He points to several technical factors appearing in approximately the same area.
Most importantly, XRP has returned toward the psychological $1 level, which also overlaps with a major three-month support zone. The chart shows this region around roughly $0.95–$1.05. XRP briefly traded beneath $1 during the current three-month candle, reaching approximately $0.985 before recovering strongly.
Moe also points to what he describes as a sweep of the previous three-month low. In technical terms, price briefly moved beneath an established low before recovering above it. Traders sometimes interpret that behavior as sellers exhausting themselves or liquidity beneath the prior low being taken before a reversal.
The other part of his thesis is the developing bullish engulfing structure. XRP’s current three-month candle opened near $1.04, traded as low as roughly $0.985 and has recovered toward $1.36–$1.40. However, the candle has not closed yet, so describing the engulfing pattern as confirmed would be premature. Moe himself acknowledges this by saying he wants to see how the period closes.
The bigger picture on Moe’s chart starts with the major resistance XRP finally broke during the powerful late-2024 rally.
Source: X/@Crypto_Moe84That former ceiling sits around $1.90–$2.00. After breaking through it, XRP eventually traded above $3 before entering the deep correction that brought price back toward $1. This is why Moe views the decline differently from a conventional bearish breakdown: XRP broke a major multi-year barrier first and only later returned toward long-term support.
His chart then identifies a series of lower highs that XRP would need to overcome before a genuine long-term reversal could be declared. The first important one appears around $1.50–$1.60. That is particularly relevant with XRP currently just below $1.40.
Above there, another lower-high region appears around $2.30–$2.40, followed by a larger barrier around $3.00–$3.20. Breaking these levels sequentially would begin dismantling the bearish structure created during XRP’s decline from its 2025 peak.
Moe’s green projection eventually extends into double-digit territory, toward roughly $13–$15. That should be treated as an illustrative bullish path rather than a confirmed XRP price target. The much more useful part of the chart right now is whether XRP can defend the $1 region and start reclaiming those lower highs.
Read also: XRP Price Prediction for This Week
There is also an important regulatory development approaching for XRP.
Attorney and XRP community figure Bill Morgan commented on the latest CLARITY Act text, arguing that under the current draft, XRP would be treated as a crypto commodity when traded on secondary markets regardless of how much XRP Ripple holds.
That distinction matters because one of the longest-running arguments surrounding XRP has concerned Ripple’s relationship with the token and whether the company’s holdings affect XRP’s regulatory treatment.
Under this most recent draft XRP will be a crypto commodity in secondary markets regardless of how much XRP Ripple holds.Deal with it Bitcoin maxis https://t.co/ioJpbBlsyo
— bill morgan (@Belisarius2020) September 14, 2026
The broader CLARITY framework is designed to distinguish digital commodities from investment contracts and clarify the treatment of secondary-market transactions. Earlier congressional text explicitly addressed secondary-market trading of digital commodities that may originally have been offered as part of an investment contract.
Morgan’s interpretation is therefore significant for XRP holders, but there is an important distinction: the bill has not become law.
The Senate’s September 15 vote is a cloture vote on the motion to proceed. It requires 60 votes and, if successful, allows the legislation to advance to further debate. It is not final passage.
The political picture is also still moving. New reporting Sunday indicates that President Trump agreed to substantial portions of a bipartisan ethics proposal as lawmakers try to secure enough support ahead of Tuesday’s vote, although disagreement remains.
So Morgan’s point is best understood as an interpretation of what the current legislation could mean for XRP if enacted, not a regulatory change that has already happened.
The technical and regulatory stories now converge during an unusually important week for XRP.
From the chart, $1.30–$1.35 is the first area bulls need to protect. Holding above it keeps the current recovery intact and puts approximately $1.50–$1.60 in focus. That first lower high is particularly important because clearing it would provide early evidence that the structure Moe identifies is beginning to improve.
Above $1.60, XRP could turn its attention toward $1.90–$2.00, followed eventually by the larger $2.30–$2.40 resistance region. Those are far more relevant near-term objectives than jumping immediately to the double-digit projection on Moe’s chart.
The bearish scenario is equally clear. Losing $1.30 would weaken the recovery and increase the risk of another test closer to $1. A decisive breakdown beneath the long-term support around $0.95–$1.00 would seriously damage Moe’s bullish thesis.
For now, XRP hasn’t confirmed the massive reversal shown by the green arrow. But after falling from above $3 to briefly below $1, the token has recovered to around $1.40 while maintaining the major three-month support Moe is watching.
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The post XRP Price May Have Just Completed the Pullback Bulls Were Waiting For! appeared first on CaptainAltcoin.
