- XRP climbed above $1.40 as Bitcoin surged past $81,000.
- A 23% rise in daily trading volume indicates sellers are active.
- The CLARITY Act, ETF inflows, and increased regulated exposure are likely to support further gains for bulls.
XRP is trading near the $1.40 resistance level after recent upward momentum pushed the token above a key threshold amid broad market optimism.
Although the advance paused following Bitcoin’s breakout above $81,000 and a modest pullback, that consolidation could form a base for the next leg higher.
The Ripple-linked asset appears to have withstood news that a prominent insider reduced their XRP holdings in favor of Ripple stock.
XRP price today
XRP remains close to the $1.40 resistance, with price action stalling at this level after the latest push higher alongside Bitcoin’s move above $81,000.
The cryptocurrency could attempt an upside extension, but it also faces the risk of a retracement if market participants take profits.
A 23% increase in daily volume suggests sellers are active; bulls will need a clear breakout to maintain control and push prices higher.
Ripple CTO trimmed XRP holdings
David Schwartz, Ripple’s Chief Technology Officer Emeritus, has acknowledged that he now holds very little XRP, explaining that he has shifted most of his assets away from direct crypto exposure.
He shared the update on X, noting that while he recognizes crypto’s potential to generate substantial wealth, he prefers the peace of mind from a more conservative stance.
Schwartz said he has bought Ripple stock to retain exposure to the company’s prospects without bearing the extreme volatility typical of cryptocurrencies.
“I don’t have that much left anymore. I’ve tried to get most of my assets (other than Ripple stock) away from crypto exposure. As I’ve said, I really don’t like risk even though pretty much every risk I’ve taken has worked out amazingly well for me,” he wrote.
XRP price outlook
Technically, XRP has been trading sideways, currently positioned above the middle of the channel established since the February 2026 lows. Buyers have consistently absorbed supply around $1.35 in recent weeks, with additional support near $1.30.
Despite steady seller participation, bulls may be positioning for a breakout above $1.50, which would signal renewed upside momentum.
The daily RSI, sloping upward around 52, supports the view of building momentum while remaining clear of overbought conditions.
Fundamental catalysts — including the CLARITY Act, growing ETF inflows, and expanding regulated access — further strengthen the bullish case by improving institutional participation and capital inflows.
In addition, Russia’s Moscow Exchange (MOEX) plans to launch four new crypto indexes next week.
Set to go live on May 13, the indexes will cover XRP, Solana (SOL), Tron (TRX), and Binance Coin (BNB), a move intended to boost institutional visibility and liquidity for these assets.