XRP overtakes BNB, targets $1.50 as bulls push back
XRP has risen about 4% in the past 24 hours to trade near $1.42, helped by improving broader market sentiment. Ripple’s XRP has overtaken Binance’s BNB to reclaim the 4th-largest cryptocurrency by market cap.
Catalyst and flows: The rally coincides with news that President Donald Trump directed a pause on U.S. strikes on Iran’s power plants and energy infrastructure, citing productive talks. Separately, U.S.-listed XRP spot ETFs recorded minor inflows of $1.98 million after two days of muted activity. Cumulative inflows total about $1.21 billion, with net assets around $1.01 billion—factors that can support risk appetite and sentiment.
Technical picture for XRP: On the 4-hour chart, momentum is described as bullish. MACD histogram bars are turning green, signaling buyers are stepping in. However, the XRP/USD price is still below key moving averages (50-day/100-day/200-day EMAs), which may act as near-term resistance.
Key levels traders are watching: Bulls may first aim to clear Monday’s high around $1.468. A more significant barrier is near $1.54 (recent swing high). A daily close above $1.54 could open a path toward $1.67. If bearish pressure returns, XRP could retest the $1.40 level; a break would expose $1.36, then the $1.32 area. Losing $1.32 would raise odds of a slide toward the psychological $1.12 zone.
Overall, XRP’s breakout attempt is underway, but confirmation likely hinges on holding above support and reclaiming $1.54.
Bullish
The immediate price action and indicators point to a bullish bias for XRP: it’s up ~4% and momentum signals (MACD histogram turning green) suggest buyers are returning. Fundamental/sentiment support also exists via XRP spot ETF inflows and a risk-on impulse linked to de-escalation headlines.
Historically, XRP-like “sentiment + ETF flow + reclaiming ranks” setups often produce a short-term continuation attempt, but they frequently need confirmation from key resistance levels. Here, that confirmation is tied to reclaiming $1.54 on a daily close. If XRP holds above $1.40 and especially $1.32, the odds improve that the move extends toward $1.67.
Conversely, similar past rallies have faded when price remains trapped below major moving averages. Since XRP is still under the 50/100/200-day EMAs, a rejection near $1.54 could trigger a pullback toward $1.36 and $1.32, and then potentially down to $1.12.
So the expected impact is bullish for the near term (attempted breakout), but not “set-and-forget” bullish: traders should watch ETF flow persistence and whether XRP can convert $1.54 into support to reduce the risk of a quick reversal.