XRP price analysis shows Ripple trading at $1.49 as of September 24, down a hefty -7% on the day, according to CoinGecko data. That’s a far cry from the $1.65 high it briefly touched days earlier, and the pullback has traders asking whether $1.60 is still in play this week or whether $1.40 becomes the next battleground.

A native-lending proposal is quietly grinding through validator votes that could reshape XRP Ledger’s utility case entirely. The rally that pushed XRP above $1.60 for the first time since February 4 came with receipts. Santiment data showed 1,917 transactions worth more than $100,000 and 3,647 newly created XRP wallets during the breakout window.

Meanwhile, XLS-65 and XLS-66, the two amendments underpinning XRPL’s pooled lending system, remain stuck below the 80% validator-approval threshold needed for activation.

Regulatory noise hasn’t helped clarify direction. A Senate vote on the CLARITY Act reportedly failed 49–50, and the Ripple-SEC case continues generating headlines without resolution. Against that backdrop, XRP’s chart looks less like a clean breakout and more like a market still deciding what it believes.

XRP Price Analysis: Can Ripple Hit $1.60 This Week?

XRP sits at $1.50, down -7% intraday, after swinging between roughly $1.50 and $1.65 over the prior 48 hours. That range compression suggests indecision rather than conviction.

Recent technical analysis places $1.60 as first resistance, with $1.40 acting as the support floor if momentum fades, though CoinEdition’s 20-day exponential moving average (a trend indicator that weights recent price action more heavily) puts near-term support closer to $1.4171.

Bull case: A reclaim of $1.60 opens a path toward $1.6999 and potentially $1.8111 if the breakout confirms.

Base case: XRP consolidates between $1.45 and $1.60 while validators deliberate on lending amendments.

Bear case: Failure to hold $1.40 drags price toward the 200-day moving average near $1.38. The Batch V1.1 amendment, backed by 30 of 35 validators, could activate around September 29 and inject fresh volatility either way.

Maxi Doge Targets Early Mover Upside as XRP Tests Key Levels

XRP price analysis: Ripple trades near $1.50 as validators weigh XRPL lending amendments. Will $1.50 hold, or is a $1.40 retest coming?

Holding XRP through this chop has been validating for anyone who bought the February lows. But let’s be honest, at a market cap already in the tens of billions, a move from $1.50 to $1.80 is a 20% gain, not a life-changing one.

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Alex Ioannou
Alex Ioannou
On-Chain Journalist

Alex is a seasoned cryptocurrency trader and market analyst with over seven years of active experience in the digital asset space. Since entering the markets in 2017, Alex has specialized in identifying emerging "meta" trends and high-volatility narratives. Notably, Alex... Read More

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