XRP’s (XRPOverhead resistance of $1.40 has kept the price stable.
Takeaways from the conference:
- XRP’s sentiment on social media has risen by 240% in the past 30 days, reaching a new two-year record.
- The price of XRP may be slowed down by $1.40. A prolonged consolidation is likely.
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XRP’s sentiment increases on Rakuten Pay integration
News of XRP’s inclusion with Rakuten Wallet in Japan has sparked new optimism among investors.
Related: XRP set for ‘strongest’ 2026 monthly ETF inflows as bulls target $2
Rakuten users can now convert loyalty points worth over $23 billion directly into Rakuten Pay XRP. They can then trade them in-app and use it to spend at more than 5 million merchants via RakutenPay.
The marks are: “one of the largest retail deployments of $XRP as a payment method to date,” Ripple bridges loyalty, payment, and crypto utility for a large world economy. said On Thursday, a X posted.
XRP is integrated with Rakuten Pay. Source: Ripple
XRP has seen its value increase as a result. “2nd highest bullish sentiment across social media in the past 2 years,” Santiment said In a post published on Thursday, X.
Santiment’s Positive/Negative Spirt indicator measures the ratio between positive social media mentions and negative ones for a particular cryptoasset. XRP scores 3.9. The last time this score was higher than that is early 2024.
It was over 240% above the value of 1.135 recorded on 29th March after a price decline of 20% within two weeks.
The fact that XRP has been released is causing traders to be excited. “seeing further adoption,” Onchain Data Provider said:
“As far as price goes, these events don’t often instantly lead to major price outbreaks. It is usually after the initial wave of euphoria, after FOMO calms down, that the impact of this kind of news sees the bullish outcome.”
XRP’s positive/negative sentiment metric. Santiment
“Buy $XRP with points. Spend it across millions of merchants in Japan,” John Squire, analyst said In response to the developments, add:
“This is what mass adoption looks like.”
This news caused XRP/USD to jump 2% in the past 24 hours. However, it remains 62% lower than its multi-year peak of $3.66 reached in July 2025.
The XRP price is facing stiff resistance at $1.40
XRP’s recent rally of 18% from the local low reached at $1.27, on April 5, has been stopped at $1.48. This coincides with an upper boundary for a symmetrical triangular.
As shown below, this trendline has been suppressing the price of the stock since February.
The bulls will need to raise the price of the triangle above the $1.40-$1.45 zone resistance in order to confirm the breakout. The 50-day moving exponential average, 100-day moving simple average, and upper trendline of the triangle are also located in this area, which reinforces the importance of this resistance zone.
Chart of XRP/USD for the day. Source: Cointelegraph/TradingView
The following is a list of XRP’s cost-basis distribution dataInvestors own approximately 2 billion of XRP, at an average price between $1.40 and $1.45. This creates a resistance area. The concentration of investors could cause many to sell at break even, possibly stalling XRP’s upward momentum.
XRP cost basis distribution chart. Source: Glassnode
If the price breaks above the supply zone, it could lead to a move towards the target measured by the triangle of $2.10 or about 50% higher than the current rate.
ChartNerd analyst ChartNerd posted a post Friday on X. said Once resistance was above $1.40, a major move for the XRP rate began to develop “cleared.”
Cointelegraph reportedThe XRP/USD was needed to rise above moving averages of $1.40 and hold $1.27 as support to indicate a change in trend.
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Source: cointelegraph.com
