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XRP weekly layout approaches bullish signals

2026-09-10 15:47:08
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The weekly pattern of XRP suggests bullish signals and the market structure remains intact

If XRP maintains its upward structure and momentum indicators rebound, potential bullish signals may appear next week. Currently, XRP is fluctuating around the recent lows, with buyers actively attracting funds around US$1.38, while sellers continue to exert pressure in the US$1.40 to US$1.41 range. Despite the decrease in the number of active accounts, the total transaction volume of XRP Ledger shows an increase in the value of transfers, which points to changes in online participation patterns.

Judging from the weekly setting, the recent correction seems to have ended, the broader upward structure remains intact on the weekly chart, and the overall trend points to potential bullish signals.

The weekly structure shows further signs of rising.

The weekly chart shows that XRP is experiencing repeated stages of rebound and consolidation. Previous gains have often been accompanied by long-term corrections and sideways trading, and these patterns have eventually broken through upward in previous cycles.

Analyst XCW pointed out that the XRP weekly chart may show bullish signals next week. Analysts believe that the recent correction has been completed and another round of gains may have begun to be brewing. The latest structure is an upward breakout after a long period of consolidation, and then prices enter the green area of the chart. The current retracement remains within the broader upward pattern.

In this structure, the upward downward trend line is an important reference indicator. If this trend line breaks below, the current bullish_setup will weaken. At the same time, momentum indicators need to turn high to confirm the validity of the signal.

XRP prices remain within narrow trading range

As of writing, XRP was trading at approximately $1.39, down 0.96% in the past 24 hours. Prices fluctuate repeatedly between $1.38 and $1.40. The price had been close to $1.41 before falling sharply to $1.37.

The recovery from $1.37 showed instability during the display period. Repeated attempts to hit $1.40 failed to generate sustained upward momentum, causing sellers to continue to appear on the upper edge of the range. Another decline pushed XRP lower to around $1.38, before buyers returned to push the price back to $1.40, but then fell back again. This pattern continues to show intense games near the upper and lower boundaries of the interval.

Current trading volume is approximately US$2.04 billion, and its market value is close to US$87.39 billion. Trading volume fell by 3.61%, and the volume-to-market ratio remained at 2.38%. US$1.40 is the key resistance level. If prices can break through this level, the short-term structure will be more favorable.

Historical cycles and ledger activity provide background reference

The chart compares the current pattern with the early XRP consolidation phase. These historical structures also went through a long sideways period before expanding horizontally. This comparison places the current setting into a longer repetitive market pattern.

Target bit TP1 represents the highest historical price before XRP in the projected chart. Moving towards that level will be the first major test. Target TP2 is at a higher position and is a long-term goal in the future.

The bottom indicator shows repeating cycles of alternating momentum. Recent positive readings have weakened during the pullback from highs. Expected bullish signals may be accompanied by a re-expansion of the histogram. At the same time, data from Crypto.Andy shows that the number of active accounts has decreased compared to a year ago. However, as the value of the transfer increases, the average transaction size also expands. As a result, these data suggest that network activity patterns are changing rather than showing a single adoption trend.

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